Freehold Investment Property Located In Barwell

Freehold Investment Property Located In Barwell
One Bedroom Accommodation Above
Return on Investment (7.6%)
Ref 2651

Location
This well appointed Investment Property is located in the village of Barwell in Leicestershire. Situated within a prominent and highly visible corner position on Chapel Street where it meets Shilton Road and Stapleton Lane. The immediate area has a variety shops to include a CO-OP convenience store, fish & chip takeaway, coffee shop & bakery, building society, public house and hairdressers to name but a few. All of which bring good levels of footfall to the area. The village also has plenty of residential houses.

Freehold Asking Price: £315,000

Business Description
Veritas Business sales are delighted to offer to the market this well presented three storey Investment Property which is located in the village of Barwell.
The property is currently leased out to a bar on a 10 year FRI lease which has 8 years remaining and a passing rent of £24,000 per annum, which is reviewed 3 yearly.
We believe that this is a superb opportunity to purchase a well maintained property in desirable area and as such early viewing is highly recommended.

Ground Floor
Entrance door leading to the main bar area.
Unisex W/C with wash basin and wall mounted hand dryer.
Unisex W/C with wash basin and wall mounted hand dryer.
Kitchen with wall & base units.
Boiler room & storeroom
Cellar room.

First Floor
Bar & function room.
Ladies W/C.
To service the toilets you have 3 x wash basins wall mounted mirrors and wall mounted hand dryers.
Hallway with fire exit.

Second Floor
Open plan lounge/kitchen.
Double bedroom.
Bathroom.

External
Side and rear yard with covered area.