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FREEHOLD DETACHED SHOP INVESTMENT with spacious 4 Bedroom Accommodation

Price:
Freehold - £400,000
Seller Ref:
M3051
Location:

Surrey

Business Type:

Commercial Property

See Other:
Investment properties for sale in Surrey
Vacant premises for sale in Surrey
Commercial property for sale in Surrey
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Forecourt to -

DOUBLE FRONTED SHOP PREMISES operated as News, Confectionery, Tobacco plus Hot Food Takeaway.

Staff cloakroom

The shop is let on a full repairing and insuring lease having approximately 6 years unexpired and providing a rental income of £11,400 p.a.

OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE FREEHOLD PROPERTY CURRENTLY PROVIDING A TOTAL RENTAL INCOME OF £22,800 P.A. IN OUR OPINION IN THE EVENT OF A LOFT CONVERSION BEING UNDERTAKEN AND INDEED EXTENDING THE PROPERTY TO REAR, THE RENTAL INCOME COULD BE IMPROVED.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

OFFERS INVITED FOR THIS VALUABLE FREEHOLD INVESTMENT in the region of £400,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Excellent main road trading position with the advantage of office buildings adjoining and at rear, SURREY
Accommodation:
The SPACIOUS living accommodation which is at present let on a shorthold tenancy and provides a rental income of £950 per month, the present shorthold tenancy expires in August, 2010. The spacious accommodation with DOUBLE GLAZING and FULL GAS FIRED CENTRAL HEATING, comprises:

4 Bedrooms (3 doubles, 1 single)
Bathroom with corner bath, shower over bath, w.c. and wash hand basin
Spacious Lounge

Ground Floor
Spacious Lounge/Dining Room with fitted kitchen area

It will be appreciated upon inspection that there is potential for a loft conversion, subject to the necessary planning permission, to provide additional accommodation plus potential to extend the property at rear, subject to the necessary planning permission.

Rear garden with patio area. Lawn plus 3 storesheds
It will be appreciated upon inspection that there is forecourt parking for 2/3 cars
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