A5 INVESTMENT OPPORTUNITY.
For Sale Freehold £105,000 Newly refurbished throughout this building is leased to the current tenants on a fully repairing and insuring basis with a passing rent of £9600 per annum.
There are 7 years remaining on the lease with an upward only rent review at year 5..
This popular business is located in Stillington and is the only hot food takeaway establishment in the area which is undergoing a degree of development with a number of new build housing projects in the nearby vicinity.
The local post office has also moved to the neighbouring convenience store.
Stillington Industrial Estate is a couple of minutes walk away.
EPC Rated E Viewings are strictly by appointment via the sole agents Browns Commercial 01642 607607.
A5 Freehold Investment
£9600 per annum income
7 Years remaining on the lease
Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.
Offers are invite IRO £105,000 for the freehold interest with the tenant in situ.
The ingoing purchaser/tenant will be responsible for our Client's reasonable legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.
All offers where made silent of VAT are deemed to be made exclusive thereof.
All measurements are approximate and are for guidance purposes only.
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To arrange a viewing for Stillington, TS21 please submit your name, email address and contact number. We'll get straight back to you to arrange a suitable date and time for you to view this property.