| (REF: kbs 36789) Investment Property |
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| Seller Reference: |
kbs 36789 |
| B4S Reference: |
16839 |
| Asking Price: |
£210,000
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| Net Profit: |
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| Sales Revenue: |
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| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Middlesbrough, Durham, United Kingdom |
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The property has been under the ownership of our client since 2006, and has generated a steady rental income for him since this date. A well appointed mid terraced property that has a ground floor retail unit and self contained flat above; the property has always been fully let. The current tenants in the ground floor unit are due to relocate in August 2010, and so our client has decided to offer it for sale. The current tenants are paying a rent of £850 per month for use of the ground floor, and a separate tenant contributes £350 per month for use of the 1st floor flat. The property has the benefit of A3 planning consent, although it is currently being used as a beauty salon and nail bar. We have been advised that there are no new licensing applications being considered in the Linthorpe Village area, making this property a good site for a new owner operator as well as investor.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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