Investment Property in Sheerness For Sale

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, SHEERNESS, Kent.

Price £140,000

Features

Investment Property - Trading As A Barbers Shop

SINGLE FRONTED PREMISES, CCTV (4 cameras), Laminate flooring, suspended ceiling with LED lighting.

Main Sales area.

Store room.

Small Kitchen.

Shower room with shower, toilet and wash hand basin.

Turnover

WE HAVE BEEN INFORMED BY THE LANDLORD that the premises are held on a SECURE RENEWABLE lease granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £14,000 p.a.

Tenure

FREEHOLD

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £140,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 98,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote