Conveniently located in the town centre, close to Sainsburys and a good variety of shops, cafes and restaurants and close to Chertsey Train station and the M25. On street parking is available on Guildford Street and London Street.
Fully let investment comprising three flats let on AST agreements and ground floor salon (sold on a long lease- £100 p.a. ground rent.)
Freehold guide price £375,000.
Ideally located in the popular Guildford street, this fully let investment generates a total annual income of £35,400 p.a.
All flats are 1 bedroom, lounge/kitchen and shower room/W.C.
Flat 129a- £950 pcm/ £11,400 p.a.
Flat 129b- £950 pcm/ £11,400 p.a. (scope for loft conversion).
Flat 129c- £1050 pcm/ £12,600 p.a.
Flats are all currently fully managed and are accessed via an alleyway next to the salon. We have been advised that fire doors have been installed on flats 129a and 129b and that there is emergency lighting in the hallway. A fire alarm system is installed linking 129a/b and the salon. 129a/b have partial double glazing and 129c is fully double glazed.
The salon owner is responsible for one third of the Buildings insurance.
We understand the property is Listed.
Early viewings recommended- strictly be appointment only through Franklin Commercial.