Ware is a thriving historic town in Hertfordshire. The property has an excellent location on the north side of the High Street, opposite the library.
There are various restaurants, shops, and bakeries / cafes nearby.
Ware railway station is only 340m to the south-east of the property, providing services to London Liverpool Street with a journey time of less than an hour.
Gross internal area 120.53 sq.m. / 1297 sq.ft.)
Total income passing p.a.: £20,400
The property comprises two self-contained flats within a Grade II Listed building. The flats were converted in 2013.
The flats are accessed via a communal entrance on the High Street in between the two shops.
The shops effectively do not form part of the property having been sold off on a long lease at a peppercorn ground rent expiring 2162.
The flats are well-presented featuring carpeted floors, LED spotlights, fairly modern fitted kitchens and shower rooms / WCs and electric wall-mounted panel heating.
There is scope to increase the rental income, the passing rents being £850 per calendar month per flat.
While Flat 1 is a standard one bedroom unit, Flat 2 provides more space: there is an additional room accessed via the bedroom at second floor level which could be used an additional bedroom (this is the current arrangement) or as a study.
Freehold for sale subject to the statutory periodic tenancies in respect of the flats and subject to the long lease in respect of the shops.
By prior appointment with Gilmartin Ley, telephone 020 8882 0111.
Service charge: N/A
Local authority: East Hertfordshire District Council
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