Investment Properties for sale in Hertfordshire

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 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £550,000 Leasehold Price: £550,000
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Business Description
GROUND FLOOR currently operating as a Chicken & Chip Shop & let on a 20 years lease from July, 2010 & providing a rental income of £12,000 p.a. exclusive of rates up to June, 2015, due for rent review at that time with further rent reviews every 5 years.

In addition included in the sale is a SELF CONTAINED MAISONETTE over let on a shorthold tenancy & providing a rental income of £1,225 per month. The self contained maisonette with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Separate Kitchen

As will be appreciated the current rental income from the ground floor chicken & chip shop combined with the rental income from the self contained maisonette at the present time is £26,700 p.a..

OFFERS INVITED FOR THIS FREEHOLD INVESTMENT £550,000 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

Location Details:

Situated in a parade, excellent trading position, close to main shopping centre, HERTFORDSHIRE

Listed by: Nationwide Businesses Ltd
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M4250
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