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 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | 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 | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |