LONG LEASEHOLD INVESTMENT PROPERTY
Price:
Freehold - £175,000
Leasehold - £175,000
Location:
London, South London
Business Type:
Commercial Property
Nationwide are pleased to offer to the market : At present operated as a Takeaway Fish & Chips, Kebabs, Chicken & Pies
SINGLE FRONTED PREMISES. Fully equipped
Small kitchen area
Store area
Stairs to basement carpeted and used as staffroom plus small additional area, in addition there is a shower room with shower, w.c. and wash hand basin
Further storage area
We understand the premises are let on a new 20 years full repairing and insuring lease from the 10th November, 2009 and provides a rental income of £12,000 p.a. exclusive of rates up to November, 2012, with rent review at that time and thereafter every 3 years.
We understand the property is leasehold for a period of 125 years from the 25th October, 2007 at a ground rental of £400 p.a. for the first 25 years with rent review at that time and thereafter every 25 years.
RECOMMENDED FOR EARLY INSPECTION
OFFERS INVITED TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY INVESTMENT £175,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Situated in a parade, main road trading position, residential and commercial area, LONDON, SE
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Business Services that may be of Interest:
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