Investment Properties for sale in Derbyshire

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 We were absolutely overwhelmed by the response to our sales advertisement for our Bath Coffee Shop. 

Mike Watts and Wendy Race (September 2016)
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Freehold Price: £450,000
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Business Description
Forecourt area with parking for 4 cars

LARGE SHOP let to Corals the Bookmakers we understand on a 10 years lease from October, 2014 at a rental of £10,000 p.a. exclusive of rates up to October, 2018 with rent reviews thereafter.

Separate staircase to first floor:

Flat No. 1, at present let on a shorthold tenancy and providing a rental income of £500 per month. This flat is fully double glazed and has full gas fired central heating and comprises:

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

Flat No. 2 also situated on the first floor is also double glazed and has full gas fired central heating and is at present let on a shorthold tenancy and provides a rental income of £400 per month. This flat comprises:

1 Double Bedroom with en suite shower room with shower w.c. and wash hand basin
Large Lounge with fitted kitchen area

Ground Floor electric shutters to large rear yard. 1 small garage/workshop, let on a yearly agreement at £150 per calendar month.

In addition there is a large workshop let at £450 per month plus a second workshop let at £250 per month.

In addition there is a block of 8 garages, 5 of which are currently let on a yearly basis at a combined rental of £200 per month. There are 3 other garages which in our opinion have potential for additional rental income, if desired.

Residential area, DERBYSHIRE

OFFERS INVITED FOR THE VALUABLE FREEHOLD INVESTMENT in the region of £450,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure
Tenure: Freehold

Number of bedrooms: 4

Listed by: Nationwide Businesses Ltd
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M2870
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