Lancashire Freehold Investment Property with Two Modernised Apartments and Commercial Shop for Sale
Undisclosed, Lancashire
- Status
UNDER OFFER
- Date Submitted:
29/01/24
- Advert ID
605747
- Reference
INV35855NW / Rightbiz
- Call Agent:
- Freehold: £225,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Property Freehold Investment
Fantastic Investment rental property boasting a 10.9% Yield. Two modernised apartments with separate entrance plus a substantial commercial shop premises combined. Apartments and shop are currently fully tenanted with the commercial shop on a renewed 15 year lease with a rental review period in place. The premises are in a central location in the popular Lancashire town of Leyland. Good access to local amenities, public transport, road and rail links all within close proximity. This is a rare opportunity to add to a existing portfolio or a great starting point for any investor. Briefly comprising : Ground floor front : Entrance to main substantial open plan shop with good main road presence, counter and storage lock up. Currently on renewed lease at £800 pcm with existing tenant with thriving Off licence store which has been operating for a number of years. To the rear of the property : Access by communal entrance and stairwell to 1 & 2 double bedroom apartments with spacious living areas, modern kitchen and bathrooms. Upvc double glazing and gas central heating. Fully tenanted with a £450 and £475 rental. This is a early retirement sale having owned and worked the premises since 2005. Viewings strictly by appointment.VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 07960 144166.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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