Retail property (high street)
Retail property (high street)
2 beds
710 sq ft / 66 sq m
EPC rating: E
Features and description
This is a fantastic investment opportunity FREEHOLD BUILDING FOR SALE In the vibrant area of Romford .
With no business rate and £18,000 rent per year from the commercial premises from downstairs. The rent will be reviewed next year in August . The rental income form the commercial premise will be at least 25k per year. £17,400 rental income from a 2 bedroom residential property above the shop with a separate entrance.
20 years lease given the the commercial premises tenants in 2020. 16 years lease remaining with current tenant.
A total income £35,400 per year for now until the August 2025.
Price : £750,000
About this agent
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In an efficient & professional manner our experienced staff offer knowledgeable property advice and experience in Residential lettings. Always providing the best service possible to satisfy our customers aiming to help you find your dream home. Pro-active property agents exceeding your expectations, offering a secure & quick let for both landlords and tenants.