Investment Property in Lincolnshire For Sale

Terrace property, busy road, residential area, Lincolnshire.

Price £325,000

Features

Freehold Investment - Presently Trading As A Convenience Store and off Licence

DOUBLE FRONTED PREMISES, in the region of 975 ft², - Tiled flooring with suspended ceiling LED lighting.

Stockroom.

Cloakroom with toilet and wash hand basin.

The premises is let on a 9 years lease from 2024 an a current rent of £17,500 p.a. with 3 yearly rent reviews.

The Landlord is holding a 4 month rent deposit.

Accommodation

THE ACCOMMODATION entrance via the shop to Flat above with Gas Fired Central Heating comprises

2 bedrooms (1 Double, 1 Single)
Fitted Kitchen / Diner
Bathroom with bath, wash hand basin and toilet

Outside

Small garden.

Tenure

FREEHOLD

Price

THE VALUABLE FREEHOLD INVESTMENT £325,000.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 227,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote