Southgate, Eckington, S21

INVESTMENT OPPORTUNITY to purchase this converted public house which now consists of 9 flats/studios. Providing great income there is a car park behind the property and a further opportunity to finish two further studios to make 11 incomes.

The property was formerly the public house THE ROYAL which stands at the junction of Station Road and Southgate in the heart of Eckington village. After conversion by the current owners the first flats were marketed at the end of 2018 with most tenants moving in early 2019.
The property benefits from a car park which can park six cars comfortably.

The Royal presents an excellent opportunity for an investor to purchase an income producing residential asset, with scope to add further apartments (STP). The property may also be suitable for alternative uses such as Assisted Living (subject to the necessary consents).

LOCATION
The flats are always popular due to their location in the center of the village surrounded by local amenities of a Co-op, bus station, betting shop, bakers, hairdressers, leisure centre and public houses to name but a few.

INTERNAL
The accommodation is over three storeys. On the ground floor a hardwood door leads from the car park to the ground floor which has a two bed flat, two one bed flats. This floor has the fire alarm system and meters with doors out to Southgate. Up to the first floor which has two one bed flats and two studios with a staircase ready to access the unfinished area. The second floor has two one bed flats in the attic.

OUTSIDE
The walled car park has a garage and parking for approximately six cars. Two large gates are present.