Freehold Investment | | Undisclosed Surrey | | Situated in a parade, main road trading position, densely populated residential and commercial area, SURREY. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 39284
ADVERT IMPRESSIONS : 16,089 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Investment Properties | | SALE: | Agent Sale | FREEHOLD: | £795000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SHOP NO 1.SINGLE FRONTED SPACIOUS CAFÉ let on lease. We understand the present lease has approx. 18 years unexpired and provides a rental income of £11,000 p.a. for the next 3 years, with rent review at that time and thereafter every 5 years.ADJOINING THE CAFÉ IS A LARGE CYCLE SHOP comprising 2 shops inter-communicating. At present let and providing a rental income of £12,000 p.a. The cycle shop is on a tenancy agreement providing 1 months notice on either side, in our opinion there is potential to re-let the 2 shops to provide additional rental income.Included in the investment are 3 flats, each comprising 3 bedrooms (2 doubles, 1 single), bathroom, with bath, w.c. and wash hand basin, lounge with kitchen area. Each flat is let on a shorthold tenancy. Flat No. 1 providing a rental income of £750 per month. Flat No. 2 providing a rental income of £700 per month and Flat No. 3 providing a rental income of £860 per month.As will be appreciated the total rental income at the present time is £50,720Location : Situated in a parade, main road trading position, densely populated residential and commercial area, SURREY.Tenure : OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE FREEHOLD INVESTMENT IN THIS EXCELLENT TRADING POSITION.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY WITH CURRENT RENTAL INCOME £795,000 subject to contractSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTOutside : Rear access. Yard at rear of Café plus large yard at rear of cycle shop. | | | | | | FOR SALE | | | | | REFERENCE: | M2921 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
