Newtown Road, Malvern

£625,000 Guide Price
  • Ref: Newtown Road
  • Type: Commercial
  • Availability: For Sale
  • Bedrooms: 5
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  • Floorplan
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Property Features

  • A FANTASTIC BUSINESS OPPORTUNITY, PREMISES WITH ACCOMMODATION OVER THREE FLOORS
  • CURRENT RENTAL INCOME OF £45,521 WITH CURRENT HMO LICENSE
  • FURTHER DEVELOPMENT POTENTIAL TO INCREASE RENTAL INCOME & ACCOMMODATION
  • POPULAR MALVERN LOCATION
  • EPC - C
  • ACCOMMODATION ALL IN GOOD ORDER
  • HAIRDRESSING SALON OCCUPIES PART OF THE GROUND FLOOR
  • FIVE BEDROOMS RENTED, THREE SHOWER ROOMS, COMMUNAL KITCHEN, LIVING AREA & BALCONY
  • LOWER GROUND FLOOR APARTMENT WITH SEPARATE ACCESS
  • CALL NOW TO ARRANGE A VIEWING

Property Summary

An exciting opportunity to purchase this part commercial, part residential property situated in the popular area of Malvern. The property in brief comprises of a ground floor commercial space currently occupied by a hairdressing salon, ground and first floor residential accommodation comprising of five bedrooms, three shower rooms, communal kitchen, communal living room and balcony. There is also a lower ground floor apartment with separate side access.

Full Details

GROUND FLOOR SHOP - 

Currently used as a hairdressing salon, consisting of main shop area, two further rooms and WC. 

Current rental income of £849.00 per calendar month.


ACCOMMODATION - 

Set over two floors, ground floor bedroom and shower room, stairs leading to first floor with reception room, kitchen, four bedrooms and bathroom. 

Current Rental income in excess of £2,900.00 per calendar month.

LOFT - 

With potential for further development to a further bedroom which would provide a potential approximate income of £495.00 per calendar month once converted.

LOWER GROUND FLOOR - 

A self-contained one bedroomed apartment which offers a great opportunity for holiday letting or short term let, with a potential approximate income of £1,100.00 per calendar month.


DISCLAIMER- 

APPLIANCES SUCH AS RADIATORS, HEATERS, BOILERS, FIXTURES OR UTILITIES (GAS, WATER, ELECTRICITY) WHICH MAY HAVE BEEN MENTIONED IN THESE DETAILS HAVE NOT BEEN TESTED AND NO GUARANTEE CAN BE GIVEN THAT THEY ARE SUITABLE OR IN WORKING ORDER. WE CANNOT GUARANTEE THAT BUILDING REGULATIONS OR PLANNING PERMISSION HAS BEEN APPROVED AND WOULD RECOMMEND THAT PROSPECTIVE PURCHASERS SHOULD MAKE THEIR OWN INDEPENDENT ENQUIRIES ON THESE MATTERS. ALL MEASUREMENTS ARE APPROXIMATE.