Investment Properties for sale in Lightwater

View the "***SUPERB FREEHOLD INVESTMENT OPPORTUNITY" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Adam Warren (Jan 2017)
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Freehold Price: £650,000
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Business Description
Dear Sirs,

***PRICE REDUCTION*** - 7.2% YIELD - FREEHOLD INVESTMENT OPPORTUNITY

***SUPERB FREEHOLD INVESTMENT OPPORTUNITY - SALE AND LEASEBACK - £650,000
EXTREMELY GOOD, WELL ESTABLISHED NEWSAGENTS BUSINESS
GROUND FLOOR, A1 RETAIL SHOP WITH RESIDENTIAL UPPERS

We are delighted to offer to the market this Freehold Investment Opportunity comprising ground floor, A1 retail shop trading as a well established Newsagents and residential uppers let on a room-by-room basis.

Rental income received from residential uppers is £30,420 per annum
The vendors are prepared to sign a new 15/20 Year Lease, 5 Yearly Rent Reviews and pay a rent of £20,040 per annum.

Thus making a Total Rental Income of £50,460 per annum.

FREEHOLD OFFERS SOUGHT IN THE REGION OF: £650,000

The vendors are currently in the process of creating a 15 Year Lease, Rent: £20,040 pa, 5 yearly rent reviews. Sold with Tenant in situ.

Gross Internal Area approximately 2373 sq ft.

Please confirm should you wish to attend for a viewing.

Thanking you,

Kind regards
Tenure: Freehold

Location Details: 54 Guildford Road, Lightwater, GU18 5SD

Listed by: London Victoria Properties

Find out more about this business opportunity.

 
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freeholdlightwater
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