Virtually Freehold Long Leasehold Property (148 Years Unexpired - Nil Ground Rent) Shop Investment | | Undisclosed Cleveland | | Outstanding opportunity to acquire a Shop Investment. Modern shop trading as a Fish & Chip Shop, let on a full repairing and insuring lease for a period of 21 years from September, 2006 and providing a rental income of £11,000 p.a. exclusive of rates up to September, 2012, increasing at that time to provide a rental income of £13,000 p.a. exclusive of rates up to September, 2015, with rent review at that time and thereafter every 3 years. | | ADVERT NUMBER : 26282
ADVERT IMPRESSIONS : 34,171 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Investment & Financial | | SALE: | Agent Sale | FREEHOLD: | £130000 | LEASEHOLD: | £130000 | | | | | BUSINESS DETAILS: | Location Corner position, end of parade, close proximity of the High Street, Shopping Area, CLEVELANDTenure This Investment is a long leasehold property having approxiomately 148 years unexpired at nil ground rent.
RECOMMENDED FOR EARLY INSPECTIONPrice ASKING PRICE FOR THE VALUABLE LEASEHOLD PROPERTY WITH RENTAL INCOME £130,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
