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Freehold Investment

Undisclosed West Midlands
Situated in a parade, residential area, WEST MIDLANDS.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66785
ADVERT IMPRESSIONS : 24,317 TIME(S)

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

FREEHOLD:

£495000
 

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BUSINESS DETAILS:

Features : The shop premises we understand have a sales area in the region of 2,500 sq. ft. and is operated as a SELF SERVICE CONVENIENCE STORE.

We understand the shop premises are let on a new 20 years full repairing and insuring lease from October, 2010 and produce a rental income of £20,000 p.a. exclusive of rates with rent reviews every 5 years.

Location : Situated in a parade, residential area, WEST MIDLANDS.

Tenure : AS WILL BE APPRECIATED WITH THE RENTAL INCOME FROM THE SHOP & FLAT OVER, THERE IS A TOTAL RENTAL AT THE PRESENT TIME OF £32,000 P.A.

RECOMMENDED FOR EARLY INSPECTION

Price : OFFERS INVITED FOR THE VALUABLE FREEHOLD INVESTMENT £495,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : INCLUDED IN THE SALE IS THE SELF CONTAINED FLAT OVER which is at present let on a shorthold tenancy and provides a rental income of £12,000 p.a. The flat comprises:

4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen

Outside : Yard at rear

   
  FOR SALE
   

REFERENCE:

M3484 / RightBiz
   
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