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(REF: M3502)  Long Leasehold Investment Property
 
Seller Reference: M3502
B4S Reference: 29854
Asking Price: £175,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: South London, London, United Kingdom
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Similar business types:
Investment Property For Sale in South London
  Business Summary   
  Nationwide are pleased to offer to the market : At present operated as a Takeaway Fish & Chips, Kebabs, Chicken & Pies

SINGLE FRONTED PREMISES. Fully equipped

Small kitchen area

Store area

Stairs to basement carpeted and used as staffroom plus small additional area, in addition there is a shower room with shower, w.c. and wash hand basin
Further storage area

We understand the premises are let on a new 20 years full repairing and insuring lease from the 10th November, 2009 and provides a rental income of £12,000 p.a. exclusive of rates up to November, 2012, with rent review at that time and thereafter every 3 years.

We understand the property is leasehold for a period of 125 years from the 25th October, 2007 at a ground rental of £400 p.a. for the first 25 years with rent review at that time and thereafter every 25 years.

RECOMMENDED FOR EARLY INSPECTION

OFFERS INVITED TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY INVESTMENT £175,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, main road trading position, residential and commercial area, LONDON, SE
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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