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Reference M5104

Investment Property in Haverhill For Sale

Register to see map and to make an appointment Situated in a terrace, SUFFOLK HAVERHILL

Price 285,000

Features

Freehold Investment

Ground Floor trading as an Hairdressing Salon at present let on a renewable lease, the present lease expiring in 2024 & providing a rental income of 7,250 p.a. exclusive of rates, fixed for the remainder of the term.

Staff toilet

Kitchen

Accommodation

Situated on the first floor is a SELF CONTAINED FLAT comprising:

1 Bedroom
Bathroom
Lounge
Kitchen

The self contained flat is let on a shorthold tenancy and currently provides a rental income of 450 per month i.e. 5,000 p.a.

Outside

Included in the sale is a rear plot of land providing parking for 6/7 cars.

We understand that planning permission has been granted for this rear land for 2 1-bedroom flats

Tenure

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE FREEHOLD INVESTMENT 285,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 199,500 (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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