Long Leasehold (approx. 73 Years Unexpired At A Ground Rent Of £25 P.a. Fixed) Investment | | Undisclosed Kent | | Situated in a parade, busy road, KENT | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63316
ADVERT IMPRESSIONS : 16,071 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Investment Properties | | SALE: | Agent Sale | FREEHOLD: | £125000 | LEASEHOLD: | £125000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SPACIOUS SINGLE FRONTED PREMISES with laminated strip floor approx. 622 sq. ft. area including kitchenette, staff cloakroom with w.c. and wash hand basin.
Location : Situated in a parade, busy road, KENT
Tenure : We understand the premises are at present let to The Red Cross and provide a rental income of £7,500 p.a.
We understand this lease expires on the 9th May, 2012 and that there is a Break Clause on the landlords or tenants side with giving 3 months notice. We further understand that there is potential to relet the premises to provide a rental income of possibly in the region of £10,000 p.a.
We understand the premises are leasehold, the present lease expiring in 2084 at a ground rent of only £25 p.a. fixed with no rent revisions.
In adition we understand there is a service charge currently of £865 p.a.
OUTSTANDING OPPORTUNITY TO ACQUIRE A LONG LEASEHOLD INVESTMENT IN THIS SOUGHT AFTER LOCALITY.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE VALUABLE LONG LEASEHOLD INVESTMENT £125,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Outside : Service area at rear with garage
| | | | | | FOR SALE | | | | | REFERENCE: | M3394 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
