Investment property in Newton-le-Willows Merseyside with pizzeria generating annual rent
Newton le Willows, Merseyside
- Status
WITHDRAWN
- Advert ID
636553
- Reference
11028 / Rightbiz
- Call Agent:
- Freehold: £235,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Investment Property in Newton le Willows, St Helens
Rent income £17,420 per annumS/C 2 bed flat
Let to owner operator
6 year lease from 16 September 2024
Full repairing and insuring terms
3 yearly rent reviews
Currently trading as a Pizzeria
Busy parade on a busy main road
Surrounded by a large residential area
Near schools
High levels of passing trade
INVESTMENT PROPERTY FOR SALE: NEWTON -LE-WILLOWS:ST HELENS: Set within a busy parade on busy main road, surrounded by a large residential area, s/c 2 bed flat, full repairing and insuring terms, rental income £17,420 per annum.
LOCATION
Newton-le-Willows is a small market town within the Metropolitan Borough of St. Helens in Merseyside, England. Historically a part of Lancashire, it is situated about midway (about 15 miles from each) between the cities of Manchester and Liverpool, 4 miles east of St. Helens, 5 miles to the north of Warrington and 7 miles to the south of Wigan.
66 Park Road South occupies an excellent location within a busy parade on a busy main road. The premises is situated within a large residential area, is close to schools, and benefits from high levels of passing trade.
PROPERTY DESCRIPTION
66 Park Road South is let to an owner operator and is currently trading as a Pizzeria.
The premises is let by way of a 6 year lease from 16 September 2024 with a rent of £17,420 per annum, full repairing and insuring terms with 3 yearly rent reviews.
The property consists of a glass fronted unit containing an ordering/waiting area, open plan kitchen and washing up area and exit to bin area.
Self-Contained First Floor accommodation accessed from the front of unit provides stairs leading to first floor flat with kitchen, bathroom and 2 bedrooms.
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This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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.
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