£800,000 /Sale price

King and Chasemore are pleased to offer this substantial freehold investment which is situated within the very heart of Old Midhurst in Red Lion Street.The property which is being sold as an investment will not affect the two business who pay rent charge to the freeholder. Comestibles is a well renowned local delicatessen / cafe, whilst the second commercial premises is a small beauty therapy salon both have individual commercial leases.To the rear of the premises there is a large communal courtyard area with rear access to the apartments, the cottage and two store rooms.The residential portion of the development comprises a bungalow style cottage 'Ostlers Cottage' with a private entrance. This is currently let under a shorthold agreement with a reliable tenant who has been in place for some time. In the main building a communal entrance leads to the first and second floor apartments which again or let under shorthold tenancy agreements. There are two spacious one bedroom apartments on the first floor, Cedar View and Mayfair, whilst the first floor apartment is known as Dormers. All of the residential portions of the property are let and managed under shorthold tenancies by King and Chasemore estate agents.For further income details and viewing which is strictly by appointment, please contact King and Chasemore estate agents