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Reference M5165
Situated in a Parade, excellent trading position, residential, office and commercial area, MERSEYSIDE. SOUTHPORT
Price £275,000
Features
Investment Property - 2 Shops and 1 Flat
TOTAL RENTAL INCOME £25,680 p.a.
Shop 1
Currently trading as a Bar. We understand currently let on a secure renewable lease until 2028 at a current rent of £10,200
Shop 2 in the region of 425ft²
Currently trading as a Takeaway. We understand currently let on a secure renewable lease it until 2028 at a current rent of £8,400
Accommodation
THE SELF CONTAINED Flat, at present let on a long ongoing tenancy (past 3 years) providing a rental income of £590 per month
2 Bedrooms (1 double, 1 single) with Electric Heaters
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.
Outside
Yard
Tenure
FREEHOLD INVESTMENT
Price
ASKING PRICE FOR THE FREEHOLD INVESTMENT PROPERTY £275,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 192,500 (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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