Prime Town Centre Investment Opportunity - Two Shops with Flats Above in Dover Kent
Dover, Kent
- Status
FOR SALE
- Advert ID
618106
- Reference
N940 / Rightbiz
- Call Agent:
- Freehold: £440,000
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Prime Location
- Town Centre location
Business Details
TWO FREEHOLD INVESTMENT SHOP PREMISES WITH 2 FLATS OVER
LOCATIONThese two adjoining premises occupy a prominent trading position fronting the High Street of this popular Kent town, being close to all the multiple stores, banks offices etc and serving a densely populated residential area.
BUSINESS
Shop 1 (No 8) let on a 21 year FRI lease from March 2021 @ £11,000 per annum. (3 year reviews)
Shop 2 (no 6) Income £6,000 per annum.
2 Bedroom flat (No 8) currently let on AST producing £850 PCM
1 Bedroom flat (No 6) currently let on AST producing £700 PCM
Current income £35,600 PA
PREMISES
Two Mid parade shop premises with attractive double aluminum framed frontages fitted with elect. security shutters.
Shop 1 (No 8) Retail Area: 620 sq/ft Store Room: Staff W.C. Access to rear.
Shop 2 (No 6) Retail Area: 280 sqft. Store Room: Staff W.C. Access to outside.
Communal front entrance with stairs to first floor landing giving access to one 1 bedroom flat and one 2 bedroom flat.
TENURE
Freehold.
EPC RATING
Band C
BUSINESS RATES
Nil currently payable
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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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