Duncan Phillips are proud to announce this commercial premises offering an inflation busting 6% Return on investment.
The premises comprises of two retail premises offered in very good decorative condition on the ground floor with kitchen and toilet facilities. On the first and second floor there are four flats sold on long leases, with peppercorn ground rent.
Both tenants businesses are within the food industry with one being a traditional fish and chip takeaway, bringing in a rental income of £8,400 per annum, holding over on their original tenancy. The other cashing on on the rejuvenated popularity of dessert bars with a yearly rental income of £12,000 on a 5 year lease.