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Three-bedroom mixed-use investment property
Sheerness, ME12 - Get Access
3 bed
3 bath
Description
A three-storey mixed-use building located on the outskirts of Sheerness town centre, close to local amenities and the train station. The building comprises a ground-floor commercial unit alongside three flats distributed across the ground, first, and second floors. Two of the three flats are currently let, and the commercial shop is also let. Additionally, there is a vacant timber-framed building to the rear arranged as offices with two rooms. All flats benefit from separate meters, double-glazed windows, and individual heating systems: the ground floor flat features an air-source heat pump, while the upper two flats rely on electric heating. Commercial unit: Ground floor shop floor, kitchenette, and W.C. Let under a commercial lease at a current rental of £400 per calendar month, running until 2030. EPC Rating: B (49); total floor area 20 sq.m. Residential flats: Flat 1 (Ground floor): Living room, kitchen, bedroom, study, and bathroom with W.C. Currently vacant. EPC Rating: E. Council Tax Band: A. Flat 2 (First floor): Entrance hall, living room, kitchen, bedroom, study, and bathroom with W.C. Let under an Assured Periodic Tenancy Agreement at a current rental of £500 per calendar month. EPC Rating: D. Council Tax Band: A. Flat 3 (Second floor): Living room, kitchen, bedroom, study, and bathroom with W.C. Let under an Assured Periodic Tenancy Agreement at a current rental of £425 per calendar month. EPC Rating: E. Council Tax Band: A. Tenure: Freehold with part vacant possession.