Investment Property in Surrey For Sale

Occupying a corner position, excellent trading position, residential area, Surrey.

Price £315,000

Features

Investment Property Trading As An Off Licence

GROUND FLOOR PREMISES in the region of 1,150 ft²

Service Road to front.

Single fronted premises occupying a prominent corner position, electric shutters, cctv.

Harwood flooring, suspended ceiling with spotlights.

Stockroom

Staff cloakroom with toilet and wash hand basin.

Kitchenette.

Outside

Parking space to side.

Tenure

The private landlord granted a 10 years lease in April 2018, rent reviews every 4 years, at a current rental of £16,000 p.a., due for a review in April 2026 when the rent is anticpated to be agreed at £21,000 p.a. (6.67% return on investment.)

Price

THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £315,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 220,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote