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Reference M3594

Investment Shop in Ramsgate For Sale


Register to see map and to make an appointment Situated in a parade of shops, busy road, KENT RAMSGATE

Price 240,000

Features

Freehold Shop Investment

At present trading as Hot Food Chinese Takeaway

SINGLE FRONTED MEDIUM SIZED SHOP with level kitchen at rear.

Accommodation

The accommodation comprises:

First Floor
Lounge
1 Bedroom
Cloakroom with w.c. and wash hand basin

Second Floor
2 Further Bedrooms
Bathroom with bath, w.c. and wash hand basin

Outside

Small yard at rear

Tenure

We understand the premises are let on a full repairing and insuring lease having 10 years unexpired from June, 2016, providing a rental income of 13,650 p.a. up to June, 2018, with rent reviews every 3 years.

RECOMMENDED FOR EARLY INSPECTION

Price

OFFERS INVITED FOR THE VALUABLE FREEHOLD INVESTMENT 240,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 168,000 (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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