Search more Investment Properties for sale in South Wales
Reference M4813

Investment Property in South Wales For Sale

Register to see map and to make an appointment Situated in a parade of shops, excellent main road trading position, residential & commercial area, WEST GLAMORGAN, SOUTH WALES

Price 350,000

Features

Freehold Investment

Lay-by in front of parade with parking for 6 cars plus additional parking to side of shop for approximately 7 cars

SPACIOUS DOUBLE FRONTED SALES SHOP trading as a Self Service Convenience Store with Full Free Off Licence.

Outside

Large store

Tenure

The ground floor is let on a 15 years full repairing and insuring lease from October, 2016 and is producing a rental income of 13,000 p.a. up to October, 2026 with rent to be agreed thereafter.

First & second floor Hair & Beauty Salon let on a 7 years full repairing and insuring lease and producing an additional rental income of 10,000 p.a. for the next 5 years with rent to be agreed thereafter.

As will be appreciated the combined rental income is 23,000 p.a.

Price

OFFERS INVITED FOR THE VALUABLE FREEHOLD INVESTMENT 350,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 245,000 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Investment Properties for sale in South Wales

Buy an Investment Property in South Wales For Sale on NationwideBusinesses.co.uk