Investment Properties for sale in Hampshire

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 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Freehold Price: £400,000 Leasehold Price: £400,000
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Business Description
• ACCOMMODATION INCLUDED

SPACIOUS SALES SHOP in the region of 62 sq. metres

Stockroom approximately 21 sq. metres

The shop premises are at present let on a lease having 7 years unexpired from October, 2014 and are providing a rental income of £15,500 p.a. exclusive of rates. We understand from the landlord there was a rent revision due in October, 2013, however, the landlord decided not to ask for an increase. We further understand that the next rent review is in October, 2017..

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY in the region of £400,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Tenure: Freehold, Leasehold

Number of bedrooms: 3

Accommodation Details:

The SPACIOUS SELF CONTAINED accommodation is at present utilized by the landlord, however, we understand that the accommodation could be let ona shorthold tenancy to provide a rental income of £800/£900 per month. The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (1 large double with fitted wardrobes), 2 additional double bedrooms
Fully tiled bathroom with bath, shower, w.c. & wash hand basin
Large lounge
Dining room
Fitted kitchenLarge yard. In our opinion there is potential to extend the property on the ground floor to provide a self contained 1 bedroom flat, subject obviously to obtaining the necessary planning permission.

Location Details:

Situated in a parade, excellent main road trading position, residential & commercial area, HAMPSHIRE

Listed by: Nationwide Businesses Ltd
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M4167
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