Thursday 12 July 2012

Investment Property, Selby - SOLD!

Investment Property, North Yorkshire. Ernest Wilson estate agents are proud to announce that the landlords have instructed us to market this outstanding opportunity to acquire this substantial Investment Property situated in a commanding trading position – BUSTLING HIGH STREET TRADING POSITION. The property has 4 units in total, one on the ground floor and 3 apartments above. The whole of the ground floor is let to one tenant as an excellent clothing business - A THRIVING BUSINESS. The ground floor currently returns £20,250 per annum with a rent review due now which will increase further the rental income. The ground floor comprise: walk round sales showroom with fitting room to rear. On the 1st floor there are three superbly kept, self-contained apartments – these return a rental income of £14,580 per annum. The whole property returns a total of £34,830 per annum. This is a quality investment property – PRICED TO SELL. A rent review is due and once it is in place, this will give well over 11% return. Ref: 554095 If you are thinking of buying an investment property and would like details of those currently for sale with Ernest Wilson, click here for more information on Ernest Wilson Business Agents, visit www.ernest-wilson.co.uk

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