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Reference M5017

Investment Property in Hertfordshire For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, HERTFORDSHIRE

Price 415,000

Features

Freehold Investment

SPACIOUS SHOP in the region of 1,300 sq. ft. is at present let to Ladbrokes the Bookmakers.

We understand the premises are let on a full repairing and insuring lease, the present lease expiring in December, 2030 at a current rental of 19,000 p.a. exclusive of rates up to December, 2020 with rent review at that time and thereafter after the following 5 years. We are further advised that there is a Break Clause in the lease at December, 2025.

Outside

Parking space at rear for 4 cars

Tenure

FREEHOLD

Price

ASKNG PRICE FOR THE FREEHOLD INVESTMENT 415,000 SUBJECT TO CONTRACT.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 290,500 (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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