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Stable Farm,, SL9 0PX
£200,000
This is a rare opportunity to acquire an exceptional retail premises situated in a prime, high-footfall location on a consistently busy and vibrant street. The shop benefits from outstanding visibility and a strong, steady flow of passing trade throughout the day, making it an ideal setting for a wide range of retail or service-based businesses.
One of the most attractive features of this property is the highly advantageous rental structure. The total rent for the premises is 40,000 per annum; however, the property includes a self-contained flat above that generates an impressive 19,000 per year in rental income. This effectively reduces the net rent for the commercial unit to just 21,000, offering excellent value and significantly lowering overhead costs for the business operator.
The shop itself is currently achieving strong weekly sales of approximately 14,000, reflecting both the strength of the location and the consistent customer demand in the area. The surrounding environment is lively and well-established, contributing to reliable footfall and repeat business.
This is an ideal opportunity for an owner-operator or investor seeking a profitable venture with built-in income support. The combination of high turnover, excellent location, and reduced effective rent makes this a highly desirable and sustainable business proposition.
Full accounts and further financial details are available upon request, allowing interested parties to review the performance and potential of this outstanding property in greater depth.
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
Stable Farm,, SL9 0PX
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