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Reference M5792
Situated in a small parade for 6 shops, excellent trading position, residential area, close to Racecourse, Berkshire.
Price 350,000
Features
Investment Property
CHINESE AND FISH & CHIP SHOP ESTABLISHED 2005
RENTAL YEILD £27,800
SINGLE FRONTED PREMISES in the region of 850 ft² with unrestricted parking to the front.
WE HAVE BEEN INFORMED BY THE LANDLORD that the premises are held on a SECURE RENEWABLE leased back to the LANDLORD for 10 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £27,800 p.a.
Outside
Rear yard
Tenure
LONG LEASEHOLD, ZERO RENT
Price
THE VALUABLE LONG LEASEHOLD INVESTMENT PROPERTY £350,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 245,000 (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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