Investment Property in Ascot For Sale

Situated in a small parade for 6 shops, excellent trading position, residential area, close to Racecourse, ASCOT, Berkshire.

Price 350,000

Features

Investment Property

CHINESE AND FISH & CHIP SHOP ESTABLISHED 2005
RENTAL YEILD £27,800

SINGLE FRONTED PREMISES in the region of 850 ft² with unrestricted parking to the front.

WE HAVE BEEN INFORMED BY THE LANDLORD that the premises are held on a SECURE RENEWABLE leased back to the LANDLORD for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £27,800 p.a.

Outside

Rear yard

Tenure

LONG LEASEHOLD, ZERO RENT

Price

THE VALUABLE LONG LEASEHOLD INVESTMENT PROPERTY £350,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 245,000 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote