| (REF: M3484) Freehold Investment |
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| Seller Reference: |
M3484 |
| B4S Reference: |
28887 |
| Asking Price: |
£450,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
Undisclosed |
| Number of Staff: |
4 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
West Midlands County, the West Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : The shop premises we understand have a sales area in the region of 2,500 sq. ft. and is operated as a SELF SERVICE CONVENIENCE STORE.
We understand the shop premises are let on a new 20 years full repairing and insuring lease from October, 2010 and produce a rental income of £20,000 p.a. exclusive of rates with rent reviews every 5 years.
AS WILL BE APPRECIATED WITH THE RENTAL INCOME FROM THE SHOP & FLAT OVER, THERE IS A TOTAL RENTAL AT THE PRESENT TIME OF £32,000 P.A.
RECOMMENDED FOR EARLY INSPECTION
OFFERS INVITED FOR THE VALUABLE FREEHOLD INVESTMENT £450,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
INCLUDED IN THE SALE IS THE SELF CONTAINED FLAT OVER which is at present let on a shorthold tenancy and provides a rental income of £12,000 p.a. The flat comprises:
4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen
Yard at rear |
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Location: |
Situated in a parade, residential area, WEST MIDLANDS. |
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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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