Burton, Staffordshire Freehold Investment Opportunity with 8.4% Yield
Burton upon Trent, Staffordshire
- Status
FOR SALE
- Date Submitted:
15/09/23
- Advert ID
599527
- Reference
INV34570V / Rightbiz
- Call Agent:
- Freehold: £599,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Offers Invited
Business Details
Commercial + Residential Freehold Investment Opportunity Burton, Staffordshire
This freehold parade of 4 x ground-floor retail units and 4 x first-floor flats are located on the outskirts of Burton-upon-Trent and all units are currently let producing a gross rental income of £50,376 per annum, producing a gross yield of 8.4%.
Including four adjacent gardens that could be built upon subject to planning.
Location
The shops are located on Uxbridge Street, Burton-upon-Trent on a retail parade near to the town centre. Free roadside parking without restrictions. Burton-on-Trent is located some 25 miles northeast of Birmingham and 11 miles south-west of Derby.
Freehold - £599,000
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VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01782 711022.
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Listing Statistics
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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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