Commercial Property
A pair of semi detached houses converted into a fifteen bedroom hostel over three floors. Set back from the road behind a foregarden with driveway and parking.
Entrance Hall, Office, Staff Toilet, Three Kitchens, Boiler Room, Two Stores, Dining Area, Shower Room and Five Bedsitting Rooms.
Landing, WC, Shower Room, separate WC, Bathroom, Shower and Six Bedsitting Rooms.
Landing, Bathroom, Store and Four Bedsitting Rooms.
We understand that the property is Freehold and is being sold subject to the existing licences.
All of the Bedsitting Rooms are let on a Licence at £149.25 per week, per room giving an estimated full rental value of £2,238.75 per week - £116,415 per annum.
Strictly by arrangement with the Auctioneers.
Freehold. Subject to tenancy.