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Long Leasehold Investment Property

Undisclosed London
Situated in a parade, main road trading position, residential and commercial area, LONDON, SE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68217
ADVERT IMPRESSIONS : 26,436 TIME(S)

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

FREEHOLD:

£180000

LEASEHOLD:

£180000
 

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BUSINESS DETAILS:

Features : At present operated as a Takeaway Fish & Chips, Kebabs, Chicken & Pies

SINGLE FRONTED PREMISES. Fully equipped

Small kitchen area

Store area

Stairs to basement carpeted and used as staffroom plus small additional area, in addition there is a shower room with shower, w.c. and wash hand basin
Further storage area

Location : Situated in a parade, main road trading position, residential and commercial area, LONDON, SE

Tenure : We understand the premises are let on a new 20 years full repairing and insuring lease from the 10th November, 2009 and provides a rental income of £12,000 p.a. exclusive of rates up to November, 2012, with rent review at that time and thereafter every 3 years.

We understand the property is leasehold for a period of 125 years from the 25th October, 2007 at a ground rental of £400 p.a. for the first 25 years with rent review at that time and thereafter every 25 years.

RECOMMENDED FOR EARLY INSPECTION

Price : OFFERS INVITED TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY INVESTMENT £180,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

   
  FOR SALE
   

REFERENCE:

M3502 / RightBiz
   
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ENQUIRIES:

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