Investment Property in Surrey For Sale

Semi-detached property, excellent High Street trading position, residential, office and commercial area, Surrey.

Price £300,000

Features

Investment Property

DOUBLE FRONTED INVESTMENT PREMISES in the region of 445 ft² WITH ELECTRIC SHUTTERS

The current tennant has been in the property since 2020 and has paid an £8,000 rent deposit. (to be transferred to incoming purchaser)

THE LANDLORD HAS INFORMED US THE that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2020 with reviews every 4 years (next review 2028) at a current rent of £18,000 p.a.

Accommodation

We understand the flat above has already been sold on a long lease with approx. 80 year remaining.

Outside

Rear yard

Tenure

FREEHOLD

Price

THE VALUABLE FREEHOLD INVESTMENT PROPERTY £300,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 210,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote