Investment Property-Restaurant and 3 flats in CITY OF LONDON Central London

  • Price: £2,900,000
London, England
Seller Ref:NB-M5585
For Sale

Investment Property-Restaurant and 3 flats in CITY OF LONDON Central London

London, England
Seller Ref:NB-M5585
  • Price: £2,900,000

Overview

Seller Ref: NB-M5585

Description

Nationwide welcomes to the market this FREEHOLD INVESTMENT PROPERTY (Restaurant and 3 Apartments). Situated in a Parade, excellent main road trading position, residential, office and commercial area, CENTRAL LONDON.

RENTAL YIELD £111,600 PER ANNUM

DOUBLE FRONTED RESTAURANT PREMISES in the region of 800 ft² WITH ELECTRIC SHUTTERS with Basement in the region of 350 ft²

The restaurant is let on a full repairing and insuring lease which was granted for 25 years in 2020 with reviews every 5 years (next review 2025) at current rent of £30,000 p.a.

THE VALUABLE FREEHOLD INVESTMENT PROPERTY £2,900,000
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 : £2,900,000 (M5585)

www.NationwideBusinesses.co.uk

Is accommodation included:
Yes
Accommodation details:
1 bed Apartment
Longe/Kitchen, Shower room with W.C. & Sink
Let on a shorthold tenancy for £2,500 pcm

2 bed Apartment (one en suite)
Longe/Kitchen, Shower room with W.C. & Sink
Let on a shorthold tenancy for £2,350 pcm

Top Floor 1 bed Apartment
Longe/Kitchen, Shower room with W.C. & Sink
Let on a shorthold tenancy for £1,950 pcm
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry