Freehold Property Generating Excellent Rental Income (comprising a large ground floor commercial unit and 4 1-2 bedroom flats)
Freehold Property Generating Excellent Rental Income (comprising a large ground floor commercial unit and 4 1-2 bedroom flats)
Overview
Description
Alan J Picken are delighted to offer this freehold property comprising a large ground floor commercial unit and 4 1-2 bedroom flats generating excellent rental income onto the market.
This is one of the finest opportunities of its kind to acquire a freehold property comprising a large ground floor commercial unit and 4 1–2 bedroom flats generating excellent rental income.
Situated in the village of Steeton, along the bustling high street. The village benefits greatly from a regular local train service to Leeds, Bradford, Skipton and Keighley as well as having good road links to many major routes.
Owned by our clients for approximately 9 years and during this time have maintained the property to their high exacting standards.
This is an ideal ‘lifestyle property’ and an excellent investment opportunity to buy an ongoing mixed-use commercial/residential letting property with the flats being fully occupied, paying approx. £500 per calendar month.
Downstairs commercial beauty salon has just signed a new 4-year lease, £500 per calendar month.
Generating £30,000 per annum giving a yield of 7.59%.
We trust that a dedicated owner proprietor could take this on themselves, exploit the property’s potential and derive maximum profits with scope to develop the large basement area as well as the roof space.
Request full details today. Early inspection strongly recommended to avoid disappointment.
Freehold Property £395,000
West Yorkshire
Reference. DB10491
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