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A Mansfield Investment Property For Sale

Mansfield, Nottinghamshire, UK
Asking Price:
£200,000
Turnover:
Not applicable
Net Profit:
Not applicable

Ellis & Ellis offer this high yielding investment.

This is a substantial, imposing and upgraded property prominently positioned to the south east of Mansfield Town Centre, being about 0.5 miles from the town’s historic Market Place, on a busy through road.

Please request full sales details for exact location.

Tenure. Freehold Investment, subject to existing lease.
Existing lease: 7 years - 1 day from 28 April 2019
(renewable to acceptable tenant).
Rent: £19,200* p.a. currently with upward reviews in 2022 and 2024.

This is a high yielding investment and a property we have been involved with for about 20 years.

Realistic offers will be considered.

Property Information

Property:

Freehold

Living Accommodation:

-

Location:

Close to the centre of Mansfield

Premises Details:

Freehold property on 3 floors.

Business Operation

Expansion Potential:

Tjhere is no competition for the tenant.

Competition / Market:

-

Reasons for selling:

The vendor lives some distance from the property which make managing it less easy as he gets older.

Trading hours:

Mid morning until approx. 8.00pm.

Employees:
2 to 3
Years established:
The current business has operated from these premises for many years. all current consents are held.

Other Information

Support & training:

-

Contact Ellis & Ellis

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