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£550,000

PO18 9HA

  • 2 beds
Flat

£550,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£2,511 per month

Minimum deposit amount:

£27,500
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The shop comprises: MAIN SHOP: Glass frontage. Serving counter. Full racking. Archway to: TEA ROOM: Wonderful seating area with window looking towards The Coach and Horses. UTILITY SPACE: Counter Space, oil fired boiler, door to rear yard and doors to: CLOAKROOM: WC with disabled facilities. Wash hand basin. Extractor fan. STOREROOM: STAIRS TO 1st FLOOR: Currently closed off but could be reinstated as required. OUTSIDE: To the rear of the property is a good size garage offering parking and additional storage space. There is a paved seating area in front of the shop and an additional seating area to the right of the shop in front of the tea room. N.B. Folly Cottage has a right of access over this area. An outside staircase leads to: FIRST FLOOR FLAT: Glazed door to: SITTING ROOM/ DINING ROOM: A bright and airy room with a range of fitted base and wall cupboards, stainless steel sink with mixer tap and draining board. A four-ring electric hob with extractor over, an electric oven, space and plumbing for a washing machine and dishwasher as well as space for a fridge and a door providing access to the stairwell from the ground floor shop. Archway to HALL: A good size hall with doors to: BEDROOM 1: A good size bedroom with views out across the village: BEDROOM 2: This room has historically been used as an office space for the shop as it also accessible from the external stairwell. LOFT ROOM: Accessible from bedroom two, this area could be made into additional living accommodation, subject to the necessary planning and listed building consent. A staircase would also need to be constructed. FAMILY BATHROOM: A well equipped bathroom with a shower, low level WC, extractor fan and a bath. INFORMATION: Subject to the level of interest, the flat and the shop may be available for sale as a whole or in two lots. Please note, there is a flying freehold over the Tea Room. The flat has an electricity sub meter from the ground floor shop. The garage and shop share the same electricity supply. The flat is to be sold with the current tenant in situ. The flat is currently let on an Assured Shorthold Tenancy at £600pcm. The Flat and the shop are heated by a Kerosene Oil Boiler located in the shop. Both properties have separate thermostats. The heating system is understood to have been installed in 2008 (serviced 2024). The hot water tank is located in the attic roof space above the flat. The plan attached below shows the approximate area of: Edged Red- The freehold title boundaries of the shop and flat. Shaded Red- The approximate area of the flying freehold held by the neighbour over the tea room. N.B. The shop will be offered with vacant possession, as the existing tenant is due to vacate at the end of March 2024. Local Authority: Chichester District Council Council Tax Band: - Flat – Band A Energy Rating: Flat – Band D Shop – TBC

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£6,250
Mortgage and legal costs:
£999
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