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Reference M5161

Investment Property in Oxfordshire For Sale

Investment Property in Oxfordshire For Sale

Register to see map and to make an appointment Situated in a parade, pedestrianised road, OXFORDSHIRE

Price 295,000

Features

Long Leasehold Investment (999 Years Lease At A Peppercorn Ground Rent)

SPACIOUS GROUND FLOOR RESTAURANT

Currently let as a Mexican Restaurant on a 7 year lease providing a rental income of 1,750 per month with 3 yearly rent reviews.

Tenure

We understand the premises are held on a 999 years lease at a peppercorn ground rent, having 984 years left to run.

Currently let and providing a rental income of 21,000 p.a.

Price

TO INCLUDE THE LONG LEASEHOLD INVESTMENT 295,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 206,500 (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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