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Nottingham Commercial Investment Property For Sale
Price:
Freehold - £179,950
Seller Ref:
0482
Location:
Nottinghamshire , NOTTINGHAM
Business Type:
Commercial Property, Service Businesses
See Other:
Investment & financial services for sale in Nottinghamshire
Other commercial property for sale in Nottinghamshire
Retail space for sale in Nottinghamshire
Service businesses for sale in Nottinghamshire
Commercial property for sale in Nottinghamshire
Description:
THE BUSINESS:
This is an ideal opportunity for an investor to purchase a sizeable plot of two retail units with a one bedroom flat, all currently let on long leases.
The two retail units are current being leased to a food retailer and a hair salon respectively. One unit is on a 5 year tenancy agreement with the second agreement on a 15 year tenancy. Both commercial units are subject to the landlords and tenants act and subject to rent reviews as well as movement alongside RPI.
The one bedroom flat is currently let on a 6 month short hold tenancy basis.
The total rent per annum is in the region of £15,000.00.
We believe the potential yield to be in the region of 7.5% per annum based on the asking price.
Viewing essential.
PRICE REDUCED FROM £199,950 TO £179,950 EARLY VIEWING RECOMMENDED
Location Details:
PRICE REDUCED FROM £199,950 TO £179,950 EARLY VIEWING RECOMMENDED,
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