Freehold Retail Shop Investment with Potential For Part Residential Conversion

A mid-terraced retail shop of two storey brick construction surmounted by a pitched tile clad roof extended at the rear and prominently located fronting the busy Soho Road (A41) close to its junction with Rookery Road (A4040). The property currently comprises of a ground floor retail shop to the front section having storage to both the rear extension and first floor accommodation and both the rear area and first floor accommodation may provide scope for future conversion (subject to planning consent) to residential flats accessed by way of a side pedestrian entry. The property forms part of the busy Soho Road Shopping Centre containing a wide range of retail shops and amenities serving the surrounding densely populated residential area. Tenancy Information: The whole property is currently let trading as African Food Store on a Lease for a Term of 10 years from the 12th of December 2023 until the 11th of December 2033 at a current rental of £12,000 per annum subject to a 5 yearly rent review and on full repairing and insuring terms. Note: The property is managed by Cottons and the tenant pays their rent regularly on the due date Accommodation Ground Floor Retail Shop: 33.04 sq.mtrs (355 sq.ft), Lobby with Toilet having WC, Rear Section Store Room One: 15.04 sq.mtrs (162 sq.ft), Store Room Two: 8.64 sq.mtrs (93 sq.ft), Toilet with wash basin and WC, Kitchen First Floor Stairs and Landing, Room One: 10.77 sq.mtrs (116 sq.ft), Room Two: 4.36 sq.mtrs (47 sq.ft), Room Three: 11.51 sq.mtrs (124 sq.ft), Toilet with WC, Shower Room with glazed shower enclosure, Lobby, Kitchen: 6.41 sq.mtrs (69 sq.ft) Outside: Rear: Enclosed yard EPC Rating – D Legal Documents Available at www.cottons.co.uk Viewings: Via Cottons – 0121 247 2233