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Reference M4851

Investment Property in Purley For Sale


Register to see map and to make an appointment Situated in a small parade, main road trading position, densely populated residential area, SURREY PURLEY

Price 150,000

Features

Freehold Shop Investment

Trading as a Dry Cleaners.

Tenure

We understand the premises are let on a 15 years full repairing and insuring lease from the 1st February, 2010 providing a current rental income of 6,204 p.a. up to December, 2018 increasing at that time to 7,134 p.a. for the remainder of the lease. We understand the owner also receives a ground rent from the basement flat of 100 p.a. and a ground rent from the first floor flat of 50 p.a.

OUTSTANDING OPPORTUNITY TO ACQUIRE A FREEHOLD INVESTMENT

RECOMMENDED FOR EARLY INSPECTION

Price

FOR THE FREEHOLD INVESTMENT 150,000 subject to contract
SUBSANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 105,000 (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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