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Reference M5753
Features
Investment Property - Trading As A Convenience Store with off Licence
SPACIOUS SALES SHOP in the region of 1,000 sq. ft. sales area with quality non-slip floor, suspended ceiling with LED lighting. We understand the shop was refitted in December, 2018.
3 Stockrooms (1) 400 sq. ft. (1) 50 sq. ft whilst the third is 250 sq. ft.
Staff cloakroom with w.c. & wash hand basin
We are advised the Landlord granted a lease for 20 years in September 2022 with reviews every 5 years (next review 2027) at a rent of £20,000 p.a. + VAT until 2027.
In addition the Landlord has a £4,000 rent deposit
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Living Room
Fitted Kitchen
Tenure
FREEHOLD
Price
THE VALUABLE FREEHOLD INVESTMENT £450,000.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 315,000 (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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£380,000
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