Investment Properties for sale in Filey

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Investment Property

Filey, North Yorkshire, England

  • Freehold Price: £295,000
Seller Reference: 557633
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Business Description
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Seller Reference: 557633
Request Details
Business Description

An opportunity to acquire this freehold investment property in this commanding main road trading position in Filey town centre with parking right outside. The present tenants comprise two HIGHLY PROFITABLE BUSINESSES and a self-contained apartment on the upper floor. The first unit is a convenience store and the other retails gardening items, gifts and fancy goods. The first unit currently returns £10,000 per annum. The second unit returns £10,000 per annum. The apartment above the shops return £5,000 per annum. THE TOTAL ANNUAL RENTAL INCOME IS £25,000 PER ANNUM. The property has two sides; the first being the convenience side offering a full range of greengrocery, grocery items and news sweets and tobacco. The other side offering a very large walk round showroom retailing greeting cards, gifts, flowers and gardening goods, walk in cold room, various store rooms, two toilets and wash hand basin, bin store, spacious private office. There is also a self-contained 3 BEDROOM APARTMENT above the two retail units which will be available upon completion. The apartment comprises: Lounge, dining kitchen, three bedrooms, bathroom and separate WC.
EPC Band D.
Number of employees:
Listed by:
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