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Reference M5004

Investment Property in Derbyshire For Sale

Register to see map and to make an appointment Unopposed trading position, residential area DERBYSHIRE

Price 725,000

Features

Freehold Investment

Forecourt to GROUND FLOOR. 3 SHOPS.

1. Operated by the vendor as a Newsagents which we understand has potential to be let to provide a rental income of approximately 700 per month.

Shop No. 2. Currently let on a renewable lease having approximately 3 years unexpired & providing a rental income of 525 per month.

Shop No. 3. Currently let on a lease having approximately 3 years unexpired at & providing a rental income of 520 per month.

Accommodation

First Floor.

Flat 2 comprising:
1 Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

We understand let & providing a rental income of 93 per week.

Flat No. 3 comprising:
1 Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Let & providing a rental income of 95 per week

Flat No. 4 comprising:
2 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Let & providing a rental income of 110 p.w.

To the rear of the ground floor newsagents is Flat No. 5 comprising Studio Flat:
Livingroom/Bedroom
Bathroom with bath, w.c. & wash hand basin

This is currently not let, however we understand could provide a rental income of 95 per week

Flat No. 1 comprising:
Large livingroom/bedroom
Bathroom with bath, w.c. & wash hand basin
Kitchen

We understand this provides a rental income of 120 per week

First Floor
Flat No. 6 comprising:
2 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Let & providing a rental income of 110 per week

Flat No. 6A which does require refurbishment & is currently not used comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Tenure

OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUEABLE FREEHOLD INVESTMENT

Price

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY in the region of 725,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 507,500 (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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