Investment Property with Tenant

Price:

Freehold - £139,950

Turnover:

Seller Ref:

MS425

Location:

Wales, South Wales, Swansea

Business Type:

Commercial Property

See Other:

Catering premises for sale in Wales
Investment properties for sale in Wales
Other commercial property for sale in Wales
Commercial property for sale in Wales

Description:

THE BUSINESS:

An investment opportunity: This traditionally built property is presently leased out as a hot food takeaway on a fifteen year lease with 3 year upwardly rent reviews. The lease yields approximately 8.5% and this will increase as the rent reviews are made.

Premises:

The traditionally built end of terrace property has the takeaway business to the ground floor .There is access to the rear yard, with side gate access to the street, and a garage which has been partitioned off for use as a chipped potato preparation room. The front of the shop is fitted with electric roller shutter

Location Details:

The business occupies a corner plot in a highly populated area that is popular with students

Accommodation:

Flat over the shop that is reached via a steel staircase to the rear of the shop. The accommodation consists of a spacious one bedroom with a bathroom, fitted kitchen and lounge. The flat is gas centrally heated.