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Reference M5027

Investment Property in Bedfordshire For Sale

Investment Property in Bedfordshire For Sale

Register to see map and to make an appointment Excellent trading position, 2 minutes walk to the main railway station & approximately 5 minutes walk to the town centre, BEDFORDSHIRE

Price 395,000

Features

Freehold Investment (operated As An Old Established Licensed Restaurant)

As stated the property is currently operating as a well established Licensed Restaurant & has 3 bedroom accommodation.

We understand the property is let on a 20 years full repairing and insuring lease from the 17th October, 2003 and has a current rental income of 23,500 p.a. We understand from the landlord that there was a rent revision due in October, 2019, however no increase in the rent has been requested.

Accommodation

The accommodation comprises:

3 Bedrooms (1 double, 2 singles)
Tiled Bathroom with bath, w.c. and wash hand basin

Price

FOR THIS VALUABLE FREEHOLD INVESTMENT 395,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 276,500 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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