Freehold Investment | | Undisclosed Kent | | Excellent trading position, KENT | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 53485
ADVERT IMPRESSIONS : 24,589 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Investment Properties | | SALE: | Agent Sale | FREEHOLD: | £640000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Ground floor - 26 Bank Street, Ashford, Kent let on a 20 years full repairing and insuring lease from January, 2010 and producing a rental income of £12,500 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Shop No. 2 - 26a Bank Street, Ashford, Kent let to an Estate Agents on a full repairing and insuring lease for a period of 10 years from May, 2006 and producing a rental income of £11,500 p.a. exclusive of rates up to May, 2011, with rent reviews thereafter.
Adjoining 3rd Shop No. 1 Middle Street, Ashford, Kent, let also to an Estate Agents on a full repairing and insuring lease for a period of 10 years from April, 2006 and producing a rental income of £7,500 p.a. exclusive of rates up to April, 2011 with rent reviews thereafter.
Adjoining Shop No. 4 - 2 Middle Street, Ashford, Kent, let as a Chinese Hot Food Takeaway on a full repairing and insuring lease for a period of 25 years from 10th July, 2003 and producing a rental income of £12,000 p.a. exclusive of rates, with rent reviews every 5 years.
In addition there are 4 flats over which have been sold on long leaseholds and provide a ground rent in total of £400 p.a.
As will be appreciated the total rental income from the 4 shops and ground rent in respect of the flats over at the present time is £43,900 p.a.
Location : Excellent trading position, KENT
Tenure : RECOMMENDED FOR EARLY INSPECTION
Price : OFFERS INVITED FOR THE VALUABLE FREEHOLD PROPERTY INVESTMENT in the regon of £640,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
| | | | | | FOR SALE | | | | | REFERENCE: | M3220 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
