| (REF: M3529) Freehold Investment |
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| Seller Reference: |
M3529 |
| B4S Reference: |
30737 |
| Asking Price: |
£375,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
Undisclosed |
| Number of Staff: |
2 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Hampshire, South East England, United Kingdom |
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Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a Freehold Investment comprising ground floor SPACIOUS DOUBLE FRONTED RESTAURANT.
We understand the premises are let on a 21 years full repairing and insuring lease from June, 2008 and is currently providing a rental income of £25,000 p.a. exclusive of rates up to June, 2014, with rent review at that time and thereafter every 3 years. (We understand that there was a rent review due in June, 2011, however, the present landlord did not request any increase).
OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE FREEHOLD INVESTMENT IN THIS SOUGHT AFTER LOCALITY.
RECOMMENDED FOR EARLY INSPECTION
ASKING PRICE FOR THE VALUABLE FREEHOLD INVESTMENT £375,000 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: |
The accommodation in the form of 2 SELF CONTAINED FLATS over, each flat comprising:
1 Double Bedroom Bathroom with bath, w.c. and wash hand basin Living room with fitted kitchen area
Yard at rear with 2 garages |
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Location: |
Situated in a parade, main road trading position, residential area, HAMPSHIRE |
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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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