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Related Ads > East Riding of Yorkshire Business for Sale > Freehold Other for Sale > Other in Kingston Upon Hull for Sale 

Superb Rental Income

Kingston Upon Hull East Riding of Yorkshire
Freehold commercial property. Groundfloor shop is an established off licence generating an annaul income of £15600. . . . First floor is seperate entrance well established hair salon,generating an annual income of £7800. . . . Combined annual rent income of £23400 Freehold to buy Superb Rental Income is located in East Riding of Yorkshire.

ADVERT NUMBER : 33788
ADVERT IMPRESSIONS : 16,667 TIME(S)

 
BUSINESS SECTOR: Miscellaneous
TRADE TYPE: Other
SALE: Private Sale

FREEHOLD:

£250000...OVNO
 

BUSINESS DETAILS:

Freehold lock up shop on two floors. Ground floor established off licence ( 10 years ). Full security shutters and alarmed. Rent income is £300 per week = £15600 per annum. . . . . . Seperate side entrance to first floor is an established hair salon ( 15years+ ). Income from rent is £150 per week = £7800 per year. . . . Very busy shopping arcade,with established shops/doctors/takeaways/taxi/bakers/cafe. Bookmakers etc. . . . Very well populated private estate. . . Current tennants are willing to commit to new leases. . . This property/business has just been valued at £280000. . . But will reduce to £250000 for a quick sale. OVNO. . . This outlay equates to only 11 years rental income to recoup your total outlay. . . Alternatively run the off licence business yourselves. It currently is taking £6000 per week on very limited opening hours. There is massive potential to increase lines to cover papers/payzone/sandwiches/lottery/scratch cards/film hire/cards/mobile topups/ etc. . . . Profit on takings is around £1000+ per week. . . . Absolute bargain investment oppotunity for this freehold established business. . . Need to sell asap.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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