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Flat
·
for sale
£ 995,000
2 bedroom apartment for sale
Blakeney Holt
· 2 Bedrooms · 1 Bath · Flat
Blakeney Holt · 2 Bedrooms · 1 Bath · Flat
DESCRIPTION: A rare opportunity to acquire the freehold interest of a mixed commercial and residential investment property, currently producing £54,699.60 per annum, with index linked future income.The two retail units and apartment over are located at the western end of The Quay, in the much favoured holiday haven of Blakeney, first documented under this name in 1340.The ground floor retail units are let under a lease dated 20/02/2024, at a rent of £42,000 per annum (Unit 1 being The Flint Gallery and Unit 2 sublet to Creek Lifestyle).The headlease of the shops expires on 31/01/2029, subject to the tenant having the option to renew the lease for a further five years, at a maximum rent of £44,000 per annum.The first floor self-contained two bedroom apartment (Harbour Deck) is separately let to the lessee of the shops, for a term of ten years, with effect from 01/02/2019, at a current rent of £12,699.60 per annum, subject to an upward only rent increase on 01/02/2028, linked to the Reta
DESCRIPTION: A rare opportunity to acquire the freehold interest of a mixed commercial and residential investment property, currently producing £54,699.60 per annum, with index linked future income.The two retail units and apartment over are located at the western end of The Quay, in the much favoured holiday haven of Blakeney, first documented under this name in 1340.The ground floor retail units are let under a lease dated 20/02/2024, at a rent of £42,000 per annum (Unit 1 being The Flint Gallery and Unit 2 sublet to Creek Lifestyle).The headlease of the shops expires on 31/01/2029, subject to the tenant having the option to renew the lease for a further five years, at a maximum rent of £44,000 per annum.The first floor self-contained two bedroom apartment (Harbour Deck) is separately let to the lessee of the shops, for a term of ten years, with effect from 01/02/2019, at a current rent of £12,699.60 per annum, subject to an upward only rent increase on 01/02/2028, linked to the Reta
£ 995,000