3 bedroom commercial property for sale

Tenure: Freehold

Brian Thomas are pleased to offer this lucrative commercial free hold & Residential long term investment opportunity with good return which can be further inceased. The Property include Ground floor retail premises with 2 flats and rear yard. At the moment the property is generating £29,400.00 per year which makes 6.3% return on investment which can go up to 9% potentailly

- Commercial
- Freehold
- Furnished or Unfurnished
- Garage
- Off-street Parking
- Parking
- Garden
- Back Garden

Retail Premises :-

** Shop Floor:---------- 26.65 x 16.20 ft

** Second Room: ----- 4.08 x 10.10 ft

** Third Room: -------- 10.10 x 8.98 f t

** Forth Room:--------- 10.48 x 10.51 ft

** Kitchen: -------------- 9.87 x 10.94 ft



Rent Break down:-



** Shop achieving--------------- £18,000 pa

** One Bedroom Flat achieving £7,800.00

** Two Bedroom Flat achieving £9,600.00

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** CURRENT RENTAL INCOME £ 35,400.00

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Further rental can be increased as follwoing:-



1) Loft can be turn in to 1 bed flat min. rent acievaable down side £7000pa

2) Rear Yard can be turn into warehouse rent acievable down side £8000pa



After done up another 1 bed flat and rear warehouse total rent can go upto £50,000 + which makes up 9% return.



Key FEATURE;-



Investment property

Large commercial shop

Two flats above (1 and 2 bed flats)

Located on Green Lane

Freehold

Current rental income £35000.00 (6%)

Total potentail rental income of £50,000 per annum ((9%)

viewing by appointment with this office – Seven Kings
open 6 days a week - weekdays 9.00am - 6.00p.m.
saturdays 9.30a.m - 5.30p.m