ATTENTION INVESTORS! Six Flats - All Currently Let On AST Agreements With Long Term Tenants Already In Residence Producing Circa £32,000 per annum, Appealing Central Location, Two, 2 Bed Flats & Four, 1 Beds, Pension/Investment Plan?
Including numbers 95 Drew Street, 97 and 101 Drew Street. Six flats located adjacent St. Mary's Church in St. Mary's Square. Occupying the first and second floors above the Spar Store/Sub Post Office. St. Mary's Square has a village feel and convenient yet is only 3/4 of a mile from the town centre and harbour areas. There is a bus service immediately to hand for tenants if required.
There is a element of diversity/flexibility in that the flats have separate entrances and would assist the sale of certainly two of them independently if desired. Presently the flats are held on one freehold with the ground floor commercial unit held on a long lease. (999 years from 2012 - paying a ground rent of £50.00 per annum - a full repairing lease and responsible for paying all taxes etc).
This is an opportunity to acquire an investment with an attractive rent roll in place with the comfort that the flats have always let quickly being in a 'village' environment yet near main amenities.
Total Rent Current Received = £2646.67 x 12 (months) = £31760.04 per year (a breakdown of this per flat is available on request from serious applicants)
Then all you need to do is get in touch to ask any questions or arrange a viewing. We'd love to show you around!
Call on 01803852736 or use the form below.
Sales: 49 Fore Street, Brixham, TQ5 8AG / 01803 852736 / firstname.lastname@example.org
Lettings: 2 Fore Street, Brixham, TQ5 8DS / 01803 856112 / email@example.com
L. J. Boyce Ltd. trading as Boyce Brixham
Registered Address: Century House, Riviera Park, Nicholson Road, Torquay, Devon, TQ2 7TD
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Boyce Brixham Covid-19 Information Regarding Viewings and Valuations
Following the latest change in government guidelines. Our Director Mark Boyce has the following message about the New Procedures and Strict Guidelines we will be following to ensure the safety and well being of our Staff, Clients and potential buyers.
"Welcome Back!As you are probably aware The Government has now lifted restrictions on Valuations & property viewings and we are now ready to safely organise these for you in line with Government and Health England guidelines. You will see links here to both The Government Guidelines and The Guild ‘Safe as houses’ Protocol (Links below). We strongly suggest that you read these prior to making appointments for valuations or viewings so that you are aware of the responsibilities that both you and ourselves must undertake.
We are talking with our vendors and many will accept viewings from now but some naturally prefer to still avoid viewings (especially if they are vulnerable or self-isolating). We have been working effectively from home but from Monday 18th May we will be operating from our offices again but urge you to call or send an email rather than visit the offices. We will only be permitted to allow into the office one person at any one time so calling or emailing may save you waiting in the street!
As before all calls for Sales will be answered on 01803 852736. Lettings can be contacted by email on firstname.lastname@example.org"
Government Guidelines Document: https://www.gov.uk/guidance/government-advice-on-home-moving-during-the-coronavirus-covid-19-outbreak?fbclid=IwAR08N1B9N3U4tyUsKG8uxVsM9HArmNiPJT6eS7JgdRv2MInZVhYusEvdFVI
Guild "Safe as Houses" Protocol: https://i.emlfiles4.com/cmpdoc/0/5/8/3/3/2/files/26128_singleoffice-guildgeneric-sixpointguide-v4-b2c.pdf?dm_i=50FU,79S5,AD1RC,S5AY,1