Business Summary

Summary

Asking price: £360,000

Sales revenue: £18,600

Net profit: Undisclosed

Business Description

Cottage– Charming cottage which has been totally refurbished to a high standard, comprising: Lounge: dining room: new fitted kitchen: Separate W.C and washbasin.
First floor: 3 double bedrooms: bathroom: new suite including shower cubicle.

Outside: Utility room: garage: car port: vehicle access.

NOTE: The cottage is currently let @ £950 PCM on a six month contract until September 2013 when it will go on to a rolling monthly contract.

Retail Unit - Adjoining parade premises with double frontage and single entrance to: retail area: 576 sq/ ft, separate W.C and washbasin.
Lower ground floor: Store room.

Outside– Small yard, service road to rear.

Note: The premises are currently let on a long lease with approx 5.5 years remaining. Current rent - £7,200 pa (3 year reviews ).

TOTAL RENTAL INCOME CURRENTLY £18,600 PA.

Property Information

Property: Freehold

Location: Outstanding opportunity to acquire a lovely cottage with adjoining well established business occupying a prominent trading position, fronting a busy major road in the center of a charming village on the outskirts of Tunbridge Wells. Established in excess of 60 years and well known by generations, this shop has many regular customers from, local residents, surrounding businesses, tradesman, and large number of motorists.

Property Details

For Business Investors