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Reference M4782

Investment Property in Middlesex For Sale

Investment Property in Middlesex For Sale

Register to see map and to make an appointment Busy road, residential & commercial area, MIDDLESEX

Price 480,000

Features

Freehold Investment

GROUND FLOOR SPACIOUS SHOP operated as a Supermarket. At present let on a full repairing and insuring lease having 7 years unexpired from December, 2016 and providing a rental income of 16,000 p.a. up to December, 2021 with rent to be agreed thereafter.

In addition to the ground floor is a self contained flat over, let on a yearly shorthold tenancy from December, 2016. The Flat comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

The rental income is currently 12,000 p.a.

Tenure

As will be appreciated with the combined rental income from the shop with accommodation over is currently 28,000 p.a.

RECOMMENDED FOR EARLY INSPECTION

Price

ASKING PRICE FOR THE VAUABLE FREEHOLD INVESTMENT 480,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 336,000 (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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