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Price History
Our Summary
- Great Potential
- Investment Opportunity
- We are pleased to announce for sale this fantastic investment opportunity to purchase a freehold site which currently has six different commercial units all with tenants in place
- 3% based on the asking price but has potential for an increase in the future
- Viewing is highly recommended to appreciate the size and potential for the properties and can be arranged through our office or by calling
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Description
This fantastic investment opportunity presents a freehold site with six commercial units, all occupied by tenants, offering a current yield of 10.3% based on the asking price. The site is on a single deed, making the purchase process easier, and recent works have been completed on electrics and roofs in some units. The six units include a MOT test station, garages, a tyre garage, and a car wash, with various lease terms ranging from 3 to 10 years.
The current income from the six units is £67,036.68, with potential for future increases. Viewing is highly recommended to appreciate the size and potential of the properties, which can be arranged through the office or by contacting the agent directly.