- FOR SALE
- Mixed Use Investment
- Two shops, four flats and a detached three bed cottage
- Producing a total annualised rent of £44,700
A rare opportunity to buy an income producing mixed use investment comprising four flats, a detached cottage and two shops, all on one site, in an attractive setting in the conservation area of Calne in Wiltshire. Early.Ref: 2600
The property is located in the within the Heritage Quarter, on a quiet one-way street opposite the West gate to St Marys Church. The property backs onto the Church Street car park for which vehicular access is directly off the A4 and pedestrian access onto Church Street. Church Street enjoys a wide variety of uses including a number of independent retailers, a supermarket, an estate agents, as well as residential properties.
Calne is an expanding town, situated on the A4 between Chippenham (5 miles due West) and Marlborough (8 miles due East). Devizes lies 6 miles to the South. The M4 lies about six miles to the North and is accessed at Junction 17 (Chippenham) or Junction 16 (West Swindon). The population of the town is 23,196 people (2011 Census).
The listed grade II property dates from the early nineteenth century and the main building is constructed over three storeys. A stationery shop and a Chinese takeaway occupy most of the ground floor space with the flats being above and behind. To the rear of the property is the former dairy which the current owners have renovated and extended to form a modern three bed cottage with an attractive courtyard and garden. Pedestrian access to the cottage is via a gated and arched carriage way in the Church Street frontage.
CURRENT RENTAL INCOME
Flat one (two bed): £525 pcm
Flat two (two bed): £500 pcm
Flat three (two bed): £500 pcm
Flat four (two bed): £500 pcm
Cottage (three bed): £650 pcm
Wongs Chinese take away: £700 pcm
Stationery shop (Avante Garde):£350 pcm
Total income stream: £3,725 pcm (£44,700 annualised)
Please contact us for more information.