Price:
Freehold - £375,000
Business Type:
Commercial Property
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
Situated in a parade, main road trading position, residential area, HAMPSHIRE
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
North Yorkshire
£ 750,000
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