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RETAIL INVESTMENT FOR SALE IN COUNTY CLEVELAND
Price:
Freehold - £230,000
Seller Ref:
NEY21
Location:
Cleveland
Business Type:
Commercial Property
See Other:
Investment properties for sale in Cleveland
Commercial property for sale in Cleveland
Description:
THE BUSINESS:
RETAIL INVESTMENT FOR SALE.
COUNTY CLEVELAND
RETAIL INVESTMENT FOR SALE.
TWO GROUND FLOOR SHOPS CURRENTLY LET AS HOT FOOD TAKEAWAYS.
FIRST FLOOR CURRENTLY UNUSED, WITH POTENTIAL TO CONVERT INTO TWO APPARTMENTS SUBJECT TO PLANNING APPROVAL.
INVESTMENT IS LOCATED ON VERY BUSY MAIN ROAD IN A VERY BUSY TOWN WITH FUTURE RENTAL GROWTH POTENTIAL.
UNIT 1 - HOT FOOD TAKEAWAY LET AT RENTAL £7,806 PA, 10,YEARS LEFT ON LEASE.
UNIT 2 LET AS HOT FOOD TAKEAWAY AT RENTAL £7,806 PA, 3 YEAR LEASE.
TOTAL RENTAL INCOME £15,612 PA WITH POTENIAL TO INCREASE TO £26,000 PA WITH THE DEVELOPMENT OF 2 APPARTMENTS ON FIRST FLOOR SUBJECT TO PLANNING APPROVAL.
GUIDE PRICE £230,000 FREEHOLD. ( OFFERS INVITED )
FOR FULL DETAILS PLEASE CONTACT NEY COMMERCIAL ON TEL - 01642 762710 OR EMAIL admin@neycommercial.co.uk
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