Investment Property in Lincolnshire For Sale

Residential area approximately LINCOLNSHIRE

Price £149,500

Features

Freehold Investment Property Currently Trading As A Newsagent

DOUBLE FRONTED PREMISES in the region of 875 ft²

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a (vendor) granted for 15 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £9,600 p.a.

Accommodation

THE SELF CONTAINED ACCOMMODATION (SUBJECT TO PLANNING PERMISSION) The accommodation comprises:

1 Large Bedroom.
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear access for deliveries

Tenure

FREEHOLD.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2008

Price

THE VALUABLE FREEHOLD INVESTMENT PROPERTY, £149,500
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 104,650 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote