3 Investment Properties in Southport, Merseyside

  • Price: £299,000
Southport, Merseyside, England
Seller Ref:NB-M5165
For Sale

3 Investment Properties in Southport, Merseyside

Southport, Merseyside, England
Seller Ref:NB-M5165
  • Price: £299,000

Overview

Seller Ref: NB-M5165

Description

Nationwide brings to the market this INVESTMENT PROPERTY – 2 SHOPS AND 1 FLAT. Situated in a Parade, excellent trading position, residential, office and commercial area, MERSEYSIDE.

TOTAL RENTAL INCOME £25,680 p.a.

Shop 1

Currently trading as a Bar. We understand currently let on a secure renewable lease until 2028 at a current rent of £10,200

Shop 2 in the region of 425ft²

Currently trading as a Takeaway. We understand currently let on a secure renewable lease it until 2028 at a current rent of £8,400

ASKING PRICE FOR THE FREEHOLD INVESTMENT PROPERTY £299,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT. (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. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £299,000 (M5165)

www.NationwideBusinesses.co.uk

Is accommodation included:
No
Accommodation details:
THE SELF CONTAINED Flat, at present let on a long ongoing tenancy (past 3 years) providing a rental income of £590 per month

2 Bedrooms (1 double, 1 single) with Electric Heaters
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.Yard
Is stock included:
NA

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