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Long Leasehold Investment Hot Food Takeaway For Sale

Tulse Hill, London, UK
Asking Price:
£250,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

DOUBLE FRONTED PREMISES in the region of 600 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights.

Basement in the region of 230 ft², with toilet with w.c. shower and wash hand basin..

We understand the property is let on a 16 years full repairing and insuring sub-lease from the 2025 and has a current rental income of £20,000 p.a. for the first 3 years, then £22,000 p.a. for one year and a rent review thereafter.

LOCATION: Situated in a parade, main road trading position, residential and commercial area, SE LONDON

PRICE: OFFERS INVITED FOR THE VALUABLE LONG LEASEHOLD PROPERTY (ground rent £400 p.a. plus service charge and insurance £800 p.a. ) in the region of £250,000, subject to contract.

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold