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Reference M5017

Investment Property in Waltham Cross For Sale

Investment Property in Waltham Cross For Sale
Buy a Investment Property in Waltham Cross For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, HERTFORDSHIRE WALTHAM CROSS

Price 399,000

Features

Virtually Freehold (approximately 994 Years Unexpired - Nominal Ground Rent) Investment

SPACIOUS SHOP in the region of 1,300 sq. ft. is at present let to Ladbrokes the Bookmakers.

We understand the premises are let on a full repairing and insuring lease, the present lease expiring in December, 2030 at a current rental of 19,000 p.a. exclusive of rates up to December, 2020 with rent review at that time and thereafter after the following 5 years. We are further advised that there is a Break Clause in the lease at December, 2025.

Outside

Parking space at rear for 4 cars

Tenure

We understand the property is leasehold having approximately 994 years unexpired at nominal ground rent.

Price

ASKNG PRICE FOR THE FREEHOLD INVESTMENT 399,000 SUBJECT TO CONTRACT.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 279,300 (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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