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Reference M5732
Situated in a parade, prominent trading position, residential, office and commercial area, DERBYSHIRE
Price £320,000
Features
3 Investment Properties
COMBINED RENTAL INCOME OF £26,000 + VAT
PREMISES 1. - in the region of 1,450 ft² CURRENTLY TRADING AS A CORAL FISH SHOP
On a lease until July 2025 a rent of £10,000 p.a. plus VAT.
PREMISES 2. - in the region of 1,450 ft² CURRENTLY TRADING AS A DANCE STUDIO
On a 10 years lease from 2024 with rent reviews every 5 years at a rent of £6,000 p.a. plus VAT.
PREMISES 3. - in the region of 1,500 ft² CURRENTLY TRADING AS A RESTAURANT
Lease until 2038 with rent reviews every 3 years at a rent of £10,000 p.a. plus VAT.
Tenure
LONG LEASEHOLD
Price
TO INCLUDE THE LONG LEASES, £320,000 plus VAT
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 160,000 (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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