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COMMERCIAL

Victoria Square, Worksop, S80

Offers Over
£735,000
Let Property Sales & Management, Glasgow
PROPERTY TYPE

Commercial Property

BEDROOMS

6

SIZE

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Key features

  • Commercial Unit with 6 Self Contained Flats Included
  • 4-5 Shops
  • Buy-to-Let Opportunity
  • Likely to attract enquiries from Serious Investors & Developers
  • Advertising Hoarding
  • Freehold Investment
  • Long Term Tenant Currently Situated
  • Prime Rental Location Within Worksop
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

Our latest listing comprises of 4-5 shops, 6 flats, advertising hoarding and car park. It is currently let out and generates a fantastic rental income. Considering the quality of the location and returns, this would be a reliable and rewarding addition to an investors portfolio.

To the ground floor are 3x single retails shop and 1x double shop unit -

5 - Moo Lab Let at £833 pcm
7-9 - Let at £400 pcm
11 - Best Mini Mart Let at £650 pcm
13 - Fone and Smoke Let at £650 pcm

Total Commercial Income is £30,396 per annum.  

To the upper floors are 6x large self contained flats with access to the rear. All fully let on assured shorthold tenancies -
 
Flat 5A - Let at £700 pcm - 3 BEDROOM FLAT
Flat 7A - Let at £750 pcm - 3 BEDROOM FLAT
Flat 9A - Let at £750 pcm - 4 BEDROOM FLAT
Flat 11A- Let at £750 pcm - 3 BEDROOM FLAT
Flat 13A - Let at £450 pcm - 1 BED FLAT
Flat 13B - Let at £500 pcm - 1 BED FLAT
 
Total Residential Income is £46,800 per annum.  

Advertising Hoarding - situated on the left hand gable wall. Let at £3750 per annum.
 
To the side is a shared car park area.
 
Total Income of £80,946 Per annum
 
Investment Details
The property currently produces an annual gross income of £80,946 with the space currently let out. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
 
Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Brochures

Let Property Pack

Victoria Square, Worksop, S80

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worksop Station0.3 miles
  • Shireoaks Station2.2 miles
  • Whitwell Station3.7 miles
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About the agent

Let Property Sales & Management, Glasgow

91 Mitchell Street, Glasgow, G1 3LN

Let Property Sales & Management, Glasgow

Let Property Sales facilitates the sale of Buy to Let Property between Landlords across Scotland.

The properties that we act as agents for typically derive from selling landlords, and we offer a specialised selling service to investors: often achieving greater selling success than ?Typical? Estate Agents would for a Buy to Let property.

Let Property Sales has amassed a network of thousands of property investors which gives selling landlords the biggest potential reach for their pr

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 204131299. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Let Property Sales & Management, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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