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Reference M5107

Freehold Investment Property in Derbyshire For Sale

Register to see map and to make an appointment Residential area DERBYSHIRE

Price 380,000

Features

Freehold Investment

SPACIOUS RETAIL SHOP in the region of 1,500 sq. ft. sales area. At present operated for the sale of carpets, let on a renewable lease, the present lease expiring in July, 2021 & provides a rental income of 12,000 p.a.

Included in the investment are 2 self contained flats.

Flat No. 1. Let on a shorthold yearly agreement & providing a rental income of 475 per month. The flat with full gas fired central heating, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Flat No. 2. Is at present let on a shorthold yearly agreement & also provides a rental income of 475 per month. The flat has full gas fired central heating & comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath,, w.c. & wash hand basin
Lounge with fitted kitchen area

To the ground floor is a 3rd Self Contained Flat, also let on a shorthold yearly tenancy & provides a further rental income of 450 per month. The ground floor flat also has full gas fired cental heating & comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge with open plan kitchen area

Tenure

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY 380,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 266,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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