For sale
68 Bridge Street, Worksop
5 bedrooms
£425,000

Worksop: 01909 479977

Key features

Full description

Offered for sale on a freehold is this mixed use commercial/residential property occupying a central position on the main pedestrianised Bridge Street shopping area. The ground floor premises is currently let to a café on lease term of 12 years from 2014 on a full repairing. The first and second floor accommodation has been converted to residential accommodation comprising 5 one bedroom flats all of which were first occupied in 2018.

 

Tenancy Details

 

The Café (Ground Floor Premises)

 

Lease commenced 29/12/2014 on a twelve year term with designated rent increases. Present rent £13,000 with increases to £16,000 due august 2021. Note due to the Covid 19 pandemic, as a gesture of goodwill the landlord ha offered the tenant a reduced rent as £10,800 per annum for 12 months.

 

Flat One

 

Presently let on an assured shorthold tenancy which commenced December 2019 at £375pcm.

 

Flat Two

 

Presently let on an assured shorthold tenancy which commenced December 2019 at £375pcm.

 

Flat Three

 

Presently let on an assured shorthold tenancy which commenced September 2019 at £350pcm.

 

Flat Four

 

Presently let on an assured shorthold tenancy which commenced July 2020 at £425pcm.

 

Flat Five

 

Presently let on an assured shorthold tenancy which commenced September 2019 at £350pcm

 

Viewing

 

Strictly by arrangement/appointment with the sole agents;

 

Mellor & Beer Estate Agents,

51 Bridge Street,

Worksop,

Nottinghamshire,

 

01909 479977

 

Interested parties will be asked to provide proof of funding/ability to purchase in advance of any viewing.