Beauty Salon for sale

High St, Brechin DD9 6EZ, UK


£338,888
S.O.A.

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

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15% Below Market Value

Fully Tenanted and Income Producing Portfolio Of 4 Flats And 2 Shops

High Street, Brechin Angus, DD9 6EZ

Market Value = Circa £400,000

Purchase Price = £338,888

Finders Fee = £6,000

Current Gross Income = £26,760 per annum

For a limited time only, we have managed to secure 4 flats and 2 Shops all Tenanted and cash flowing, in High Street, Brechin Angus, Scotland.

At present, the flats are currently fully let by working professionals.
One shop has hot food takeaway on a long lease.
The other shop is a beauty salon.
This provides a great hands-free investment portfolio.

The property is over 3 floors

Ground Floor = 2 Shops
First Floor = 2 Bed Flat and a 1 Bed Flat
Second Floor = 2 x 1 Bed Flats
There is scope to increase the rents on the flats as they are only paying £300 pcm whereas other flats on the same road are achieving circa £430 pcm.

We envisage 1 bedroom flats to be valued at circa £50,000 and 2 bedroom flats to be within the region of £70,000. Other commercial units are being sold within the region of £75,000

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Categories

Beauty SalonsTakeawaysMixed Use Property
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