Mixed Commercial/Residential Property for sale

Published: 16.04.2021
Europe - United Kingdom General
  • Sales Price
  • On request
  • Profits
  • On request
  • Asking Price
  • On request

Spacious and high-quality residential property for sale in an excellent location. This is an Edwardian property that is maintained at its best. Thanks to this, the income from renting out seven apartments, two shops, and laundry is good.

Description of spacious property for sale

  1. From 4 apartments you can see the sea from the front.
  2. 3 apartments at the back have windows overlooking the garden, and one can also watch the surf.
  3. All apartments are equipped with gas heating.
  4. The shops are located on the 1st floor and are rented out on semi-annual contracts: the first one – to a charitable firm, the other – to a couple who are engaged in retail trade.
  5. Another commercial facility is currently used as a laundry, also rented.
  6. There is also a workshop, a shop of the current owner, various extensions.

Ready commercial & residential property for sale is rented on a short-term guaranteed rental basis. Tenants have been renting stores since 2005 and 2018, in each case, there is a lease agreement for 5 years with a break clause in any case and a six-month notice period. The laundry is also rented out for 5 years with three months’ notice.

  • Represented by broker?
  • Seller Financing?
  • Principals only?
  • Franchise?
  • Management will stay?
  • Relocatable?
  • Real Estate?

Interested in buying this business?

Write to us and we’ll contact you with the detailed information

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