With it's riverside pubs, attractive marina and handy location just a short walk along the Thames to Canary Wharf, Limehouse has long been a favourite with city workers. It has a great blend of old wharf buildings and new build apartments and has all the amenties you could ask for, while retaining a tranquil calm that makes weekends here feel peaceful and relaxed. Commuting from Limehouse is easy in all directions. The DLR is a pleasant way to commute into the city, with trains every couple of minutes into both Bank and Tower Gateway. In the other direction, Canary Wharf is less than 10 minutes walk, or 2 minutes on the DLR. Shadwell is also walking distance away, bringing the new East London Line into play as well. It's easy to see then, why this location is popular with buy to let investors, as there will never be a shortage of demand from would-be tenants. This investment opportunity offers a 15% discount on a selection of 1, 2 and 3 bedroom apartments, giving instant equity of up to £90,000. Rental yields of up to 8% are achievable and your apartment can be secured with just a £500 reservation fee. Apartments in the building come with a range of balconies, terraces or roof terraces and have views overlooking Limehouse Cut canal, towards the Olympic stadium and of London's eye-catching skyscrapers.
Investment summary Last remaining buy-to-let newly renovated flats are left in this superb investment near Liverpool City Centre. These flats have a RICS Valuation of £90,000 but can be bought by you for only £69,000 giving instant equity of £21,000. Income will be paid monthly from March 2012 with an assured 10% NET rental return for 3 years. Act now or miss out! Investment Description This is a fantastic buy-to-let opportunity which is selling out fast. The sister building sold out in only a few weeks. This apartment block has superior views to its sister building with some apartments having views of the Mersey and the Liverpool Docks. The flats were originally selling for in excess of £130,000 in early 2008 before the original developer was unable to complete the project. Renovations have now resumed under the guidance of a leading architect company and Liverpool City Council to complete the project to a very high standard. I just viewed the flats last week and they are coming along very well. The site manager stressed to me that the developer has very high standards and everything must be done the way it is supposed to and more! Hence why the Liverpool Council want to work with him, and offer him buildings to develop. The developer has two current RICS valuations completed by Mason Owen and Atkinson Stroller respectively, valuing the units in the current market at £90,000. I have looked at comparables in the area and these RICS valuations are accurate, if not, slightly low. The exterior of the near finished apartment block looks lovely already and once they are completed you as an investor will be proud to own one of these flats. And it will be a delight for tenants to live there too. Your Returns During the first three years, you will receive £20,700 NET rental income with a 10% NET return per annum. This compares to other buy-to-let flats in the UK, where you would expect to get £7,200 over 3 years (based on a net profit of £200 pcm). Additionally, RICS valuations confirm that you will get instant equity of £21,000 on the very day you purchase as the flats have been valued at £90,000. Yields in the Northwest are running at 7% GROSS (source: January issue of ‚Property Investor'), underscoring just how high this return is for this investment. Plus these flats will be fully managed for you so there is nothing for you to do. One of my buyers is thrilled with her purchase, as this more than trebles the rate of return she is getting in the bank, she also has in-built equity, and she will start receiving an income in March 2012 upon completion. The Development and the Flats I took a tour of the show flat and all the flats will be identical to the show flat. The photos are my photos. There is lots of light in all the rooms, even on a dark rainy day. There are two double bedrooms and a single bedroom. The lounge is large with a big window providing excellent views. The kitchen is separate from the lounge, providing for more privacy and space for all the occupiers. And there is ample space for a kitchen table seating 4+, as you can see from the photograph. There is also a separate WC from the bathroom, which again is very practical. There are high quality electricals and appliances in the flat, and the decoration is clean and modern. The development: Refurbishment due for completion in March 2012 Each flat comes with a washing machine and refrigerator Internet access to all apartments Exterior and Interior renovation Each flat comes with a washing machine and refrigerator CCTV linked to all flats On site 24 hour security Key fob entry system EPC rating of C Local demand The development consists of 128 three bedroom flats newly refurbished to a high quality. The flats benefit from being in a private, landscaped, gated community which includes an on-site gymnasium, supermarket, management office, on-site security, CCTV and 128 parking spaces. Location of Flats These properties are only an 18 minute walk (I walked it myself on Friday) from Royal Liverpool Hospital and Liverpool University in the city centre. There is also a bus at the doorstep which runs every 5 minutes into Liverpool city centre (less than an 8 minute journey). Liverpool Hope University is just down the road too. It is a family area that has already benefitted from a lot of regeneration. A new £150m local centre is planned for the area which will, improve retail, services and public areas, and will continue to upgrade the area. Demand for Flats These flats have proved to be even more popular than the flats in the adjoining apartment block. This development addresses the shortage of rental flats for residents of Liverpool. 15 tenants are going after every buy-to-let property in Liverpool and this is predicted to continue. Thus, it has never been a better time to be a landlord in Liverpool. Rental prices have risen by 20% in Liverpool in the last year. People who would normally be looking to buy cannot afford to do so in the current economic climate and are renting instead. As a result, demand for accommodation, particularly quality, affordable rental property near the city centre, continues to rise. Affordable properties in and around Liverpool city centre appeal to young, working Liverpudlians as well as students attending the local universities. Due to their location, these flats are very attractive for professionals, key workers and students. Buying Procedure - Choose your preferred property - Pay £2,500 reservation deposit - Exchange Contracts 21 days after reservation deposit and pay £33,500 deposit - Pay balance of £33,000 by end of February 2012 - Receive income from March 2012 This is a cash purchase; there is no finance available. To secure one of these flats you will need to act today are only a couple of flats remaining, and we expect them to be sold in the next week.
Investment summary Last remaining buy-to-let newly renovated flats are left in this superb investment near Liverpool City Centre. The three bedroom flats have a RICS Valuation of £90,000 but can be bought by you for only £69,000 giving instant equity of £21,000. Income will be paid monthly from March 2012 with an assured 10% NET rental return for 3 years. Act now or miss out! HOWEVER, the three bedroom flats are now sold out. There are three 2 bedroom flats at £60,000 in the apartment block in Liverpool. Investment Description This is a fantastic buy-to-let opportunity which is selling out fast. The sister building sold out in only a few weeks. This apartment block has superior views to its sister building with some apartments having views of the Mersey and the Liverpool Docks. The flats were originally selling for in excess of £130,000 in early 2008 before the original developer was unable to complete the project. Renovations have now resumed under the guidance of a leading architect company and Liverpool City Council to complete the project to a very high standard. I just viewed the flats last week and they are coming along very well. The site manager stressed to me that the developer has very high standards and everything must be done the way it is supposed to and more! Hence why the Liverpool Council want to work with him, and offer him buildings to develop. The developer has two current RICS valuations completed by Mason Owen and Atkinson Stroller respectively, valuing the units in the current market at £90,000 for the 3 bedrooms. I have looked at comparables in the area and these RICS valuations are accurate, if not, slightly low. The exterior of the near finished apartment block looks lovely already and once they are completed you as an investor will be proud to own one of these flats. And it will be a delight for tenants to live there too. Your Returns During the first three years, you will receive £18,000 NET NET rental income with a 10% NET return per annum. This compares to other buy-to-let flats in the UK, where you would expect to get £7,200 over 3 years (based on a net profit of £200 pcm). Additionally, RICS valuations confirm that you will get instant equity of £21,000 on the very day you purchase as the flats have been valued at £90,000. Yields in the Northwest are running at 7% GROSS (source: January issue of ‚Property Investor'), underscoring just how high this return is for this investment. Plus these flats will be fully managed for you so there is nothing for you to do. One of my buyers is thrilled with her purchase, as this more than trebles the rate of return she is getting in the bank, she also has in-built equity, and she will start receiving an income in March 2012 upon completion. Another one of my buyers just purchased the last 3 bedroom flat and he is delighted to transfer his funds from his HSBC account where he is earning less than 2% interest and get 5 times the return at 10% NET. And he is thrilled that he will be getting the returns as soon as the purchase completes in a few weeks. Why invest? Built-in equity 2 Bed Flats at only £60,000 Fully refurbished 10% NET yield assured for 3 years Close to Liverpool city centre Income paid monthly from March 2012 All flats sold on 250 year leaseholds Fully managed and maintained Experienced developer with track record Shortage of rental flats near city centre The Development and the Flats I took a tour of the show flat and all the flats will be identical to the show flat (apart from the show flats having one bed less). The photos here are my photos - not CGIs. There is lots of light in all the rooms, even on a dark rainy day. There are two double bedrooms and a single bedroom. The lounge is large with a big window providing excellent views. The kitchen is separate from the lounge, providing for more privacy and space for all the occupiers. And there is ample space for a kitchen table seating 4+, as you can see from the photograph. There is also a separate WC from the bathroom, which again is very practical. There are high quality electricals and appliances in the flat, and the decoration is clean and modern. The development: Refurbishment due for completion in March 2012 Each flat comes with a washing machine and refrigerator Internet access to all apartments Exterior and Interior renovation Each flat comes with a washing machine and refrigerator CCTV linked to all flats On site 24 hour security Key fob entry system EPC rating of C Local demand The development consists of 128 three bedroom and three 2 bedroom flats newly refurbished to a high quality. The flats benefit from being in a private, landscaped, gated community which includes an on-site gymnasium, supermarket, management office, on-site security, CCTV and 128 parking spaces. Location of Flats These properties are only an 18 minute walk (I walked it myself on Friday) from Royal Liverpool Hospital and Liverpool University in the city centre. It is even closer to Liverpool Hope University. There is also a bus at the doorstep which runs every 5 minutes into Liverpool city centre (less than an 8 minute journey). Liverpool Hope University is just down the road too. It is a family area that has already benefitted from a lot of regeneration. A new £150m local centre is planned for the area which will, improve retail, services and public areas, and will continue to upgrade the area. Demand for Flats These flats have proved to be even more popular than the flats in the adjoining apartment block. This development addresses the shortage of rental flats for residents of Liverpool. 15 tenants are going after every buy-to-let property in Liverpool and this is predicted to continue. Thus, it has never been a better time to be a landlord in Liverpool. Rental prices have risen by 20% in Liverpool in the last year. People who would normally be looking to buy cannot afford to do so in the current economic climate and are renting instead. As a result, demand for accommodation, particularly quality, affordable rental property near the city centre, continues to rise. Affordable properties in and around Liverpool city centre appeal to young, working Liverpudlians as well as students attending the local universities. Due to their location, these flats are very attractive for professionals, key workers and students. Buying Procedure - Choose your preferred property - Pay £2,500 reservation deposit - Exchange Contracts and complete within 4 weeks and pay balance of £57,500 - 1st week in March. - Receive income from March 2012 This is a cash purchase; there is no finance available. To secure one of these flats you will need to act today are only three 2 bedroom flats remaining, and we expect them to be sold in the next week.
Commercial offices and storage available to buy or let on very flexible terms at GPB 15,000 pa.
Ground floor commercial property to let in Hockley comprising of 1500sq ft approx and has easy access into Birmingham City Centre and to the A435, A38, M42, M6 and the M5.
First floor commercial property to let in Hockley comprising of 900sq ft approx and has easy access into Birmingham City Centre and to the A435, A38, M42, M6 and the M5.
Houseladder Property Ref: 796278. Letting informationLetting type: Commercial . Full description:. . . We are pleased to offer the former CK Plastics building for rent. . . . . The property comprises ground floor shop space, 1st floor offices, and forcourt. . . . . There are options for a. For full contact details please use the link or goto www.houseladder.co.uk
Houseladder Property Ref: 868064. The Property Network are pleased to offer this Ground Floor Commercial Property To Let. . The Property is in an ideal location and can lend itself to a vast number of uses (consents may be required). . . Currently Trading as Franks Factory Flooring this p. For full contact details please use the link or goto www.houseladder.co.uk
Commercial Property to let, Walthamstow, 50 square meters of space, seperate female toilets & male toilets, garden, optional storage room and parking space available, 1 Year contract, repairs permitted, GCH-combi boiler, property on busy main road. Deposit negotiable.
Traditional fried fish & chip takeaway business based in freehold shop premises with ideal situation adjacent to busy harbour area with aditional passing trade from tourists. Also included is a newly refurbished 3 bedroom flat above the shop offering a lifestyle opportunity or a possible buy to let investment. Turnover: Currently in the region of £1500 per week with vast potential to greatly increase this figure. Equipment: 3 pan counter range, digital till, rumbler and chipper. (The above items of equipment have not been tested). Special Remarks: A good solid business with enormous potential to capitalise with the option to extend opening hours and introduce a delivery service. An excellent opportunity with tremendous scope for a new enthusiastic owner, viewing highly recommended. Wick is a town with a population of approximately 8000 located in the far north of Scotland quite close to John O'Groats. Formerly a thriving fishing village it has now diversified into tourism and manufacture including whisky distilling. Work on a new marina at the harbour is expected to commence shortly. The town has a railway station and airport with Scrabster Harbour a few miles away being a regular stopping off point for cruise liners.
Houseladder Property Ref: 397570. COMMERCIAL PROPERTY TO LET!!!. . Office/work/desk space to rent on centrally located Lincoln High Street. Newly renovated. Air conditioned with hi-tech alarm system. 15 work stations available with a package to suit you. Please contact Spericle Letting Ag. For full contact details please use the link or goto www.houseladder.co.uk
Houseladder Property Ref: 869468. AndrewLETS ARE DELIGHTED TO OFFER TO LET THIS COMMERCIAL PREMISES LOCATED ON WOODCHURCH ROAD. THE PREMISES COMPRISES OF A NUMBER OF INDIVIDUAL ROOMS THAT ARE IDEAL FOR OFFICE USE AND A CORNER PLOT SHOP FRONTAGE WITH THE ADDED BENEFIT OF THE FIRST FLOOR BE. For full contact details please use the link or goto www.houseladder.co.uk
Houseladder Property Ref: 742501. Oak Valley Estates Are Proud To Present For Let These Commercial Units Located On Chester Road, Erdington. COMMERCIAL OFFICE UNITS, INTERCOM ENTRYSYSTEMS, DOUBLE GLAZED, GAS CENTRAL HEATING, TAX AND WATER INCLUDED,CONTRIBUTIONS TOWARDS GAS AND ELECTRICIT. For full contact details please use the link or goto www.houseladder.co.uk
Ideal opportunity to start a business venture Two retail opportunities in Cupar A rare choice For Sale Asking Price 20 Lady Wynd £50,000 SITUATION The old market town and former county town of Cupar lies in the heart of the fertile and picturesque Howe of Fife. It retains its role as an administrative and shopping centre for the settlements that surround it. The town's main streets (as well as others) the Bonnygate and Crossgate offer a wide variety of quality shopping outlets, within an historical environment. Easy to get to, Easy to park in, and is ideally situated for commuting to Edinburgh, Dundee and Perth. The main east coast railway line runs through the Town making it easy for many people to work in the City and live in the area therefore enjoying the improved quality of life the Market Town of Cupar can bring. DESCRIPTION These 2 properties, which have been recently renovated, are situated just off the main Bonnygate thoroughfare in Cupar town centre. A mixed retail environment may be found in Lady Wynd including a Travel Agent, Ladies Hairdresser and food store to describe only a few. The properties consist of a retail area with more than adequate window display features. At 20 Lady Wynd there is an angled front window giving even greater potential for effective window display. Ancillary areas Toilets and WC are to be found in the rear of both units. At 20 there is a disabled toilet. Area 20 Lady Wynd The total area is approximately 215 square feet (20 square metres). VIEWING Strictly by appointment through Ronnie Jenkins at RE/MAX Professionals on 0845 601 9676. OFFERS All offers should be submitted to the RE/MAX Professionals office. INTEREST It is important your solicitor notifies this office of your interest otherwise this property may be let prior to your knowledge. OFFICE CONTACT Ronnie Jenkins. We’re open when other agents are closed. Your RE/MAX agent is available evenings and weekends. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and RE/MAX have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. WHAT IS YOUR BUSINESS WORTH ? Selling YOUR Business ? Buying a Business ? Leasing a Business or Property ? FREE Confidential Market Valuation Call Ronnie today on 0845 601 96 76. As your local Commercial Property experts, we will help you find the perfect premises to buy or lease and/or give you a free market appraisal of your existing business - without any obligation. With over 40 years of Business to Business experience our Commercial specialist is able to bring a sound expertise in Marketing, Sales and Operational Management providing a personal service that makes selling, buying or leasing your commercial property, simple, straightforward and successful. FINANCE and INSURANCE RE/MAX Professionals through our partners are able to assist prospective purchasers by introducing sources of finance and insurance if required. NO ONE IN THE WORLD SELLS MORE PROPERTY THAN RE/MAX!
Houseladder Property Ref: 830522. AndrewLETS are delighted to offer For Sale this fantastic opportunity to puchase this commercial property which has been granted planning permission to be converted into Two Self Contained Flats. The flats will briefly comprise of two bedrooms, open plan . For full contact details please use the link or goto www.houseladder.co.uk
Houseladder Property Ref: 822518. Kelrick Properties are pleased to present to let the dual fronted commercial shop with A3 Consent. ** FIRST MONTH RENT FREE !!! **. . Eating Area 11'6" x 24'4". Bar & Reception Area - 13'2" x 24'11". Kitchen Facilities . Bathroom Facilities. . Property Re. For full contact details please use the link or goto www.houseladder.co.uk
* Also incorporating 1 Kellie Place, Alloa, FK10 2DW Excellent Business Opportunity! A Substantially Profitable HMO Facility Currently Licensed For 20 Residents. Eight Bedrooms, Two Kitchens, Two Shower Rooms and One Bathroom Self Contained Manager flat comprises: lounge, two bedrooms, kitchen and bathroom. Asking Price £500,000 www.remax-professionals.com RJ2107 Page 2 SITUATION Alloa is the largest town in the historic county of Clackmannanshire in central Scotland. It is situated on the North bank of the River Forth, with the Ochil Hills forming a glorious background. It lies 7miles to the East of Stirling. And approximately 7 miles West of the Kincardine Bridge. It provides the principal shopping, educational, social and support facilities for the immediate area within Clackmannanshire. At the 2001 census the population was approximately 18,000. DESCRIPTION The property and business occupy a prominent position on the west side of Mar Place at its junction with Kellie Place. It is located close to the Town Centre, close to the Town Hall and the principal Police Station. We are informed that the building dates from around 1900. In 2001 an additional purchase of 1 Kellie Place took place to provide a self contained Manager’s Flat comprising: a well positioned lounge with windows overlooking Kellie Place and Mar Place, two bedrooms, a kitchen and bathroom. The property other than the manager’s flat encompasses three floors and provides 8 bedrooms with associated lounge, kitchen and support accommodation. The Ground Floor provides an entrance hall, lounge, 3 bedrooms, kitchen with eating area, bathroom, and one further bathroom. The First Floor provides 2 bedrooms, kitchen with eating area and shower room. The Second Floor provides three bedrooms and a shower room. The Business. This privately owned business has been in the current owner’s hands for 13 years. The premises have been operated as an HMO for these 13 years and are currently licensed for 20 residents. The majority of residents are referred from the Local Authorities in the area (Clackmannanshire and Stirling) on the basis of periodic short term arrangements albeit these may last up to three months and in some cases longer. It is open for 12 months of the year and is staffed on a 24/7 basis by a series of three manager/caretakers with the owner providing management and administrative support. Effectively Local Authorities have a statutory obligation to house the homeless and the various nearby local authorities use this facility to meet this obligation. The business benefits from high occupancy levels of around 80% and can generally be full for extended periods of time. In other words although lettings may be on a daily/nightly basis these are often lengthened to several weeks or longer. With regard to competition there are other HMO and homeless facilities in the area but for some time now there is a definite undersupply of accommodation for the homeless and similar categories in the local authority area. The demand for the services offered by Tarragon House is if anything likely to intensify given heightened social awareness in terms of homeless and associated problems. Externally there is a small car parking area on the north side of the property at 1 Kellie Place and a fully enclosed rear yard to the west side. Services. We are informed that the property is served with mains supplies of water, gas and electricity and that the drainage is connected to the public sewer. Heating is by a series of radiators served from gas fired boilers. This also provides hot water. Trading Information. The business supports an strong trading performance over the years and with its income generated from local/authority /government sources is therefore less subject to unpredictability than normal private sector business. Financial information including accounts will be made available to seriously interested parties. The Property is Freehold. VIEWING Strictly by appointment through Ronnie Jenkins at RE/MAX Professionals on 0845 601 9676. Viewings will normally be arranged for Saturdays at times to suit but preferably between 11AM and 2PM. OFFERS All offers should be submitted to the RE/MAX Professionals office. INTEREST It is important your solicitor notifies this office of your interest otherwise this property may be sold prior to your knowledge. OFFICE CONTACT Ronnie Jenkins. We’re open when other agents are closed. Your RE/MAX agent is available evenings and weekends. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and RE/MAX have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. WHAT IS YOUR BUSINESS WORTH ? Selling YOUR Business ? Buying a Business ? Leasing a Business or Property ? FREE Confidential Market Valuation Call Ronnie today on 0845 601 96 76. As your local Commercial Property experts, we will help you find the perfect premises to buy or lease and/or give you a free market appraisal of your existing business - without any obligation. With over 40 years of Business to Business experience our Commercial specialist is able to bring a sound expertise in Marketing, Sales and Operational Management providing a personal service that makes selling, buying or leasing your commercial property, simple, straightforward and successful. FINANCE and INSURANCE RE/MAX Professionals through our partners are able to assist prospective purchasers by introducing sources of finance and insurance if required. NO ONE IN THE WORLD SELLS MORE PROPERTY THAN RE/MAX!
FastMove Lettings are delighted to offer 'To Let' this commercial ground floor retail unit for A1 or A2 usage. The property is situated within a busy parade of shops, which are extremely prominent to the busy passing traffic. Public car parking is available to the front as well as rear secure parking to the rear. Internally the property offers a large space with double window space, a rear secure office, kitchen area and toilet. To the rear there is a large gated yard offering secure off road parking. Internal inspection is highly recommended. Would make an ideal Letting Agent, grocery shop, beauty salon or Hairdresser. This cannot be used as a restaurant.
Robinson Farwood Associates are delighted to offer for Lease this well positioned office opposite Ealing Broadway tube station and close to shopping centre.Property FeaturesRecently refurbished412 Sq FtOpposite Ealing Broadway tube stationFirst floor kitchenW/CHeating inclusiveLetting DetailsBond details - depositLet type - Commercial
Houseladder Property Ref: 742500. Oak Valley Estates Are Proud To Present For Let These First Floor Commercial Offices Located On The Kingsbury Road In Erdington FIRST FLOOR OFFICES COMPRISING OF TWOINDIVIDUAL ROOMS, W.C, KITCHEN, DOUBLE GLAZED WINDOWS AND GAS CENTRAL HEATING.HAVING EXCE. For full contact details please use the link or goto www.houseladder.co.uk
Robinson Farwood Associates are delighted to offer for lease this first floor with wood flooring, bright office, opposite Ealing Broadway tube station.Property FeaturesWell positionedSought after location1st floor First floor Kitchen1st and 2nd floor WC167 Sq ftLetting DetailsBond details - depositLet type - Commercial
Houseladder Property Ref: 786118. Commercial Ground Floor premises To Let - Approximately 3000 Sqft, open space, Office area, Gents & Ladies Toilets, 2 Entrances, Large Shutter for Deliveries, Car Park Space for approximately 15 Cars. For full contact details please use the link or goto www.houseladder.co.uk
Houseladder Property Ref: 784483. Commercial Ground Floor premises To Let - Approximately 1700 Sqft, open space, Office area, Gents & Ladies Toilets, 2 Entrances, Large Shutter for Deliveries, Car Park Space for approximately 4 Cars,. For full contact details please use the link or goto www.houseladder.co.uk
We are delighted to offer to the market this excellent opportunity within the commercial sector. Unlike many commercial projects this property has been split up into individual offices within a fully managed complex giving the purchaser the opportunity to enter the commercial market at a lower price point.These 11 properties are fully managed providing the purchasers with a "hands off " investment with a guaranteed net return of 8% for 15 years. Investors can be reassured that this rental guarantee is backed by an insurance policy. The tenants contribute to the management and maintenance charges so this is truly a net figure. The properties are let unfurnished and therefore suitable for a SIPP, should this be a consideration for those looking to invest in this excellent project, although approval will need to be sought from the individual SIPP provider.The properties as we understand are suitable for traditional commercial finance up to 60% LTV subject to status and have an established exit market.This development is set within the Bootham area of York and is just a few minutes walk from the town centre and the landmarks such as York Minster making this an attractive are for professionals. Indeed the tenants in situation range from the solicitors, developers, business consultants and other similar professionals.The project is completed, so can provide the investor with instant income. The complex has a mix of property with residential units and a Sainsburys supermarket below. We have also sourced experienced commercial lawyers to assist the investor through the process.
We are delighted to offer to the market this excellent opportunity within the commercial sector. Unlike many commercial projects this property has been split up into individual offices within a fully managed complex giving the purchaser the opportunity to enter the commercial market at a lower price point.These 11 properties are fully managed providing the purchasers with a "hands off " investment with a guaranteed net return of 8% for 15 years. Investors can be reassured that this rental guarantee is backed by an insurance policy. The tenants contribute to the management and maintenance charges so this is truly a net figure. The properties are let unfurnished and therefore suitable for a SIPP, should this be a consideration for those looking to invest in this excellent project, although approval will need to be sought from the individual SIPP provider.The properties as we understand are suitable for traditional commercial finance up to 60% LTV subject to status and have an established exit market.This development is set within the Bootham area of York and is just a few minutes walk from the town centre and the landmarks such as York Minster making this an attractive are for professionals. Indeed the tenants in situation range from the solicitors, developers, business consultants and other similar professionals.The project is completed, so can provide the investor with instant income. The complex has a mix of property with residential units and a Sainsburys supermarket below. We have also sourced experienced commercial lawyers to assist the investor through the process.
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