Investment Property in Boston For Sale

Semi-detached property, excellent trading position, residential area, LINCOLNSHIRE BOSTON

Price £380,000

Features

Investment Property

SINGLE FRONTED PREMISES in the region of 350 ft² CURRENTLY TRADING AS A FISH & CHIP SHOP

The tenant has a 20 years from 2022 with reviews every 5 years (next review 2028) at a current rental of £17,000 p.a.

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

3 Bedrooms (2 double, 1 single)
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

ADDITIONAL REAR FLAT sold on a 99 year lease with ground rent of £120 p.a. with Gas Fired Central Heating, Double-glazed windows comprising:

1 Large bedroom
Kitchen
Lounge
Bathroom with bath, w.c. and wash hand basin

Outside

Side access to rear yard with parking spaces.

Tenure

Freehold

Price

TO INCLUDE THE VALUABLE FREEHOLD INVESTMENT PROPERTY £380,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 266,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote