Name: Insco House, Rohais
Price: 895000 GBP

The property comprises a mid-terraced building providing a self contained suite of ground floor offices & two local market apartments above

About this property

Description
A terraced property, primarily constructed of granite, on ground and two upper floors. The entire building was almost entirely rebuilt a few years ago and it is now in first class condition with a modern cavity built rear extension. There is parking for two cars at the front and to the rear is a large brick paved car park suitable for a further 10 vehicles. Ground Floor: A self-contained suite of offices with dedicated entrances on the Rohais and from the car park. Arranged internally with open plan space and 4 private offices/meeting rooms, kitchen and wc facilities. Net rentable floor area approximately 1,314 sq ft. With central heating and a suspended ceiling system. First Floor: A self-contained Local Market flat with 2 bedrooms, living room, kitchen and bathroom. Second Floor: A self-contained Local Market flat with 1 bedroom, living room, kitchen and bathroom and access to a large loft.

Local information

Located near the top of the Rohais, on the south side, close to the junction with the Foulon. Access to the property can be gained from either side with parking to the front and rear.

OFFICE LEASE TERMS: Let to insurance brokers Ross Gower. Total office rent equates to £39,000 p.a.
FLAT LEASES: Let on annual tenancies at £950 per month and £1,100 per month. The total annual rent from the flats is therefore £24,600 p.a.
GROSS RENTAL INCOME: £63,600 p.a.