Investment Properties for sale in Cheadle

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Y. MacGregor (Nov 2017)
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Freehold Price: £108,500
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Business Description
Investment property for sale, superb corner location on a busy main road, surrounded by a large residential area and close to a large school. The ground floor business trades as a sandwich bar with the current tenant having been there since May 2016 by way of a 21 year lease from October 2016 with 3 yearly rent reviews and an annual return of £6,500.

• Annual rental income £6,500
• Let by way of FRI 21 year lease from October 2006, with 3 yearly rent reviews
• Busy main road location
• Within large residential area
• Close to schools
• Trading as Sandwich bar
• Current tenant since May 2016

The ground floor cafe with al fresco seating to the front provides seating area service counter WC facilities, kitchen and exit to bin area and purpose built store room and owner parking.
Tenure: Freehold

Location Details:
These premises are superbly situated on a very busy road within a large residential area, close to schools, other businesses, a large summer tennis camp and benefitting from high levels of passing trade.

Listed by: Harvey Silver Hodgkinson

Find out more about this business opportunity.

 
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