Investment opportunity in Middlesex For Sale

Situated end of parade, occupying a corner position, main road, large college nearby, MIDDLESEX

Price £750,000

Features

Freehold Investment

DOUBLE FRONTED PREMISES with ELECTRIC SHUTTERS

CURRENTLY TRADING AS A CATERING BUSINESS

Accommodation

THE SELF CONTAINED ACCOMMODATION with Oil Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,800 per month . The accommodation comprises:

3 Bedrooms (2 doubles, 1 single).
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Rear yard

Tenure

Currently leased for 25 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £20,000 p.a. Plus additional £21,000 from the accommodation

Price

TO INCLUDE THE VALUABLE FREEHOLD INVESTMENT £750,000, subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 525,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote