Investment Properties for sale in Potters Bar

View the "Investment Opportunity with Added Benefit of Planning Permission Granted for 5 flats" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 


I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Freehold Price: £730,000
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Business Description
London Victoria Properties are delighted to offer on the market this excellent Investment Opportunity comprising 2 ground floor A1 retail shops and 2 x studio apartments, all tenanted as follows:

Shop: £12,000 rent per annum (under a fully repairing and insuring lease)
Shop: £9,000 per annum (under a fully repairing and insuring lease)
1 Studio Apartment: £850 rent per month
1 Studio Apartment: £850 rent per month

TOTAL RENTAL INCOME RECEIVED: £41,400 thus offering a 6.3% yield, however, planning permission has been granted for 5 Flats.
Tenure: Freehold

Location Details:

The subject premises is situation in excellent location, right in the heart of Potters Bar High Street.

Listed by: London Victoria Properties
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