High Street Alcester Warwickshire Freehold Investment Property For Sale, £21,840 Annual Rent
Alcester, Warwickshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
17/07/23
- Advert ID
516716
- Reference
11253 / Rightbiz
- Call Agent:
- Freehold: £275,000
- Turnover: Not Applicable
- Net Profit: On request
Key Features
- Town Centre location
- Offers Invited
Business Details
Freehold Investment Property High Street Alcester Warwickshire
Freehold Investment Property for sale freehold situated on the High Street in Alcester a market town in the Stratford upon Avon district of Warwickshire. The 3 storey mid terrace property comprises ground floor hot food takeaway and to the first & second floors 3 bedroom maisonette. The ground floor shop is secured on a 25 year lease from 2017 subject to 5 yearly rent reviews and with a current rent of £13,200 per annum. The maisonette has separate entrance with large lounge kitchen two double bedrooms and one single bedroom and bathroom and has all separate bills and a monthly rent of £720.00. The ground floor tenants have been trading from the premise for over 20 years and the tenant of the accommodation is secured on a shorthold tenancy agreement from 1st June 2023 for 2 years. The total rental income amounts to £21,840 per annum. Alcester is a super market town with a large Waitrose store providing ample car parking.
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Advert pending deletion
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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