Investment Property in South Wales For Sale

Terraced property, main road trading position, densely populated, residential area, MID GLAMORGAN, SOUTH WALES.

Turnover £ 350
Price £247,500

Features

Investment - Trading As A Takeaway with 2 Self Contained Flats


DOUBLE FRONTED PREMISES, in the region of 350 ft² - Presently trading as a kebab shop.

Main sales area.

Stock room.

Cloak room with toilet and sink.

Accommodation

Both flats are let on assured short hold tenancies, each providing a rental income of £400 pcm.

Entrance via door to the right of the shop to;

Basement Flat, comprising:

1 Double Bedroom.
Lounge.
Kitchen.
Bathroom, bath with shower over, wash hand basin and toilet.

Also

First floor flat comprising;

1 Double Bedroom.
Kitchen with open plan lounge
Shower room over, wash hand basin and toilet.

Outside

Yard to rear

Tenure

The takeaway is held on a new SECURE RENEWABLE granted for 6 years in 2022 with reviews every 3 years (next review 2025) at a rent of £7,800 p.a. for the first 3 years.

Price

THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £247,500
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 173,250 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote