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11 Market Street, Craven Arms, SY7 9NW Residential development for sale
11 Market Street, Craven Arms, SY7 9NW
POA
11 Market Street, Craven Arms, SY7 9NW
POA
Our Summary
- The property offers an appealing investment opportunity with existing income and asset management potential for further value enhancement
- Conditions of SalePlease note that the property is sold in accordance with the Common Auction Conditions [4th Edition March 2018] (a copy of which is included with the Legal Pack)
- This lot presents an attractive asset management opportunity, with potential to enhance income in the future
Description
This mid-terrace property in Craven Arms is a mixed-use building comprising a basement, ground floor shop, and two self-contained residential flats. The shop is currently let to a church at £1,800 per annum, while the flats, 11A and 11B, are let on Assured Shorthold Tenancies at £6,900 per annum each. The property has a traditional brick construction and is in part three and part single storey with on-street parking. The location is in the town center, close to local amenities and the main town car park, and offers an appealing investment opportunity with existing income and potential for further value enhancement. The property is being sold subject to any development plan, tree preservation order, or other statutory or provisional by-laws, and the purchaser will be deemed to have full knowledge of the boundaries and roads.