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Reference M4812

Investment Property in Oban For Sale

Register to see map and to make an appointment Situated in a parade, sought after position, ARGYLESHIRE, SCOTLAND OBAN

Price 200,000

Features

Freehold Investment

At present trading as a Chinese Restaurant. The Restaurant has seating for 40 & there is a fully fitted kitchen.

We understand the premises are let on a new 12 years full repairing and insuring lease from January, 2018 and produces a rental income of 20,000 p.a. up to January, 2023 with rent review at that time and thereafter every 5 years.

Tenure

RECOMMENDED FOR EARLY INSPECTION

Price

ASKING PRICE FOR THIS VALUABLE FREEHOLD INVESTMENT 200,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 140,000 (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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