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Reference M5534
Situated end of parade, occupying a corner position, main road, large college nearby, MIDDLESEX ISLEWORTH
Price £699,950
Features
Freehold Investment
£41,000 RENTAL INCOME
DOUBLE FRONTED PREMISES with ELECTRIC SHUTTERS
CURRENTLY TRADING AS A CATERING BUSINESS
Accommodation
THE SELF CONTAINED ACCOMMODATION with Oil Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,800 per month. The accommodation comprises:
3 Bedrooms (2 doubles, 1 single).
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin
Outside
Rear yard
Tenure
Currently leased for 25 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £20,000 p.a. Plus additional £21,000 from the accommodation
Price
TO INCLUDE THE VALUABLE FREEHOLD INVESTMENT £699,950, subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 489,965 (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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