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Reference M4408

Investment Property in New Romney For Sale


Register to see map and to make an appointment Situated in a parade, main road trading position, KENT NEW ROMNEY

Price 321,000

Features

Freehold Investment

GROUND FLOOR PREMISES operating as a Catering Business, catering for pizzas, burgers, kebabs & chicken.

We understand the entire premises are let on a 20 years full repairing and insuring lease from the 19th January, 2005 producing we understand a current rental of 20,000 p.a. with rent reviews every 3 years.

Accommodation

SPACIOUS accommodation situated on the first & second floor comprising:

5 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Yard at rear with garage

Tenure

FREEHOLD

RECOMMENDED FOR EARLY INSPECTION

Price

ASKING PRICE FOR THIS FREEHOLD INVESTMENT 321,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 224,700 (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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