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Commercial Investment Property In Nottingham

Nottingham Nottinghamshire
INVESTMENT PROPERTY NOTTINGHAM, PRICE REDUCED FROM £189,950 TO £179,950 EARLY VIEWING RECOMMENDED
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 54386
ADVERT IMPRESSIONS : 9,521 TIME(S)

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

FREEHOLD:

£179,950
 

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BUSINESS DETAILS:

This is an ideal opportunity for an investor to purchase a sizeable plot of two retail units with a one bedroom flat, all currently let on long leases.
The two retail units are current being leased to a food retailer and a hair salon respectively. One unit is on a 5 year tenancy agreement with the second agreement on a 15 year tenancy. Both commercial units are subject to the landlords and tenants act and subject to rent reviews as well as movement alongside RPI.
The one bedroom flat is currently let on a 6 month short hold tenancy basis.
The total rent per annum is in the region of £15,000.00.
We believe the potential yield to be in the region of 7.5% per annum based on the asking price.
Viewing essential.
PRICE REDUCED FROM
£189,950 TO £179,950
EARLY VIEWING
RECOMMENDED
   
  FOR SALE
   

REFERENCE:

0482 / RightBiz
   
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