Retail Premises in Lincolnshire For Sale

Main road trading position, near LINCOLNSHIRE

Price £15,000 / £299,950

Features

Retail (e Class) Premises - Presently Trading As A Convenience Store, off Licence & Post office

DOUBLE FRONTED PREMISES, in the region of 1,600 ft², CCTV, Tiled floor, suspended ceiling with LED lighting.

Presently trading as a Convenience Store and Post Office with various equipment included.

Stockroom

Staff cloakroom with toilet and wash hand basin

Accommodation

The SELF CONTAINED accommodation DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING comprises:

4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Fitted kitchen

Outside

Double Garage.

Small Yard

Tenure

The present lease is due to expire 4th September 2024 and the tenant does not intend to renew the lease.

The vendor owns the freehold and is prepared to grant, to a approved applicant a new 9 year lease, with 3 yearly reviews at an initial rent of £15,000 pa.

Price

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS, £15,000. SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £299,950.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 209,965 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote