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Freehold Investment Including Shop, 2 Flats, 2 Workshops Plus Garage Block

Undisclosed Derbyshire
Residential area, DERBYSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 39241
ADVERT IMPRESSIONS : 32,648 TIME(S)

 
BUSINESS SECTOR: Commercial Property
TRADE TYPE: Investment Properties
SALE: Agent Sale

FREEHOLD:

£425000
 

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BUSINESS DETAILS:

Features : Forecourt area with parking for 4 carsLARGE SHOP let to Corals the Bookmakers we understand on a 10 years lease from November, 2004 at a current rental of £9,600 p.a. exclusive of rates up to November, 2010, with rent review at that time and thereafter every 3 years. Separate staircase to first floor:Flat No. 1, at present let on a shorthold tenancy and providing a rental income of £460 per month. This flat is fully double glazed and has full gas fired central heating and comprises:3 Double BedroomsBathroom with bath, w.c. and wash hand basinLoungeLarge Fitted KitchenFlat No. 2 also situated on the first floor is also double glazed and has full gas fired central heating and is at present let on a shorthold tenancy and provides a rental income of £350 per month. This flat comprises:1 Double Bedroom with en suite shower room with shower w.c. and wash hand basinLarge Lounge with fitted kitchen areaGround Floor electric shutters to large rear yard. 1 small garage/workshop, let on a yearly agreement at £130 per calendar month. In addition there is a large workshop comprising 4 garages. Also let on a year agreement and providing a rental income of £260 per calendar month.In addition there is a block of 8 garages, 5 of which are currently let on 6 monthly agreements and provide a rental of £550 per calendar month.As will be appreciated the combined rental income at the present time is in the region of £27,000 p.a.Location : Residential area, DERBYSHIRETenure : PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice : OFFERS INVITED FOR THE VALUABLE FREEHOLD INVESTMENT in the region of £425,000 subject to contract.SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
   
  FOR SALE
   

REFERENCE:

M2870 / RightBiz
   
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