Business for Sale in WEYMOUTH, DORSET - INVESTMENT PROPERTY OPPORTUNITY - Freehold: £495,000

Key Information

Ref
INV33797R
Type
Commercial Property: Investment Properties
Location
England: Dorset
Tenure
Freehold
Status
For Sale
Annual Sales
£30,600 Ex Vat
Accomodation
3 Bedrooms
Download Particulars Add to my favourites

Request Particulars

Please fill the form in below to request particualrs via e-mail for Business Ref : INV33797R

Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

Call us on 01404 813762

Mixed INVESTMENT PROPERTY OPPORTUNITY, valuable and sought after central WEYMOUTH town centre location, just off main shopping High Street with national retailers in close proximity, stone’s throw from esplanade/beach, close attractions, short walk harbour/marina. A newly developed/refurbished property with no expenditure necessary, deceptive in appearance, extending over 5 floors, the subject of significant investment ensuring all legislation met, includes comprehensive fire alarm system encompassing sprinkler and smoke ventilation systems, new electrics and plumbing throughout. Comprising ground and lower ground floor retail outlet, 1 bedroom first floor apartment with sea glimpses, 1 bedroom second floor apartment with sea glimpses and 1 bedroom third floor apartment with balcony enjoying sea views, all self-contained, all presented to a high standard, recently refitted in a contemporary style. Retail outlet currently let on commercial lease, apartments let on 6 month assured shorthold tenancy agreements to private tenants, could be used for holiday accommodation, current total rental income £30,600 per annum, could be more if used as holiday accommodation, up to £800 per week per apartment potentially achievable in peak summer months, strong demand anticipated in view of closeness of beach and all amenities, benefits to area anticipated from new developments enhancing the desirability. Freehold £495,000 Ref: INV33797R

Copyright © EM & F Group Limited 2018 - Company No: 03035561 - VAT: 631 4000 02