Located adjacent to the A1231, which is one of the main roads leading into the City Centre from the A19 and A1, this property is located in a predominantly residential area but with some commercial occupiers.
Opposite the parade there is a large retail park which is occupied by B & Q and Currys PC World.
There are extremely high levels of traffic flow along this route and there is free pull in parking to the front of the property.
Comprising a two storey mid-terraced property of traditional brick built construction with a slate roof over. The ground floor lock up retail unit offers a retail space, workshop and large garage to the rear plus a first floor store. The 2 bed flat has separate street access and has the benefit of double glazing and central heating.
The ground floor unit is occupied by a longstanding tenant of circa 15 years paying £300 per month. There is no formal lease in place.
The flat is currently vacant and requires a little cosmetic attention prior to being available to let. The estimated rental income for the flat would be in the region of £400 per month.
The investment is available on a freehold basis with the occupational leases in place at an asking price of £79,950