Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A
Key Features: • Semi-commercial • Ground floor shop and first/second floor has 4 individual rooms one consisting of an ensuite • Two bathrooms and one WC • Steady rental income of £31,200 per annum, with the potential to increase to £33,600 • No investment needed, income generating on day one • Completion must be within 28 days • Purchase price is £300,000 with an additional buyer fee of £4,000 plus VAT
Location: • Nearest Station: Frizinghall Station • Distance to Station: 1.2 miles
Agent Information: • Address: Amethyst Road, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YL
Full Description: Located on Toller Lane in Bradford, this unique semi-commercial property presents an exceptional investment opportunity. This property providing a steady rental income of £31,200 per annum, with the potential to increase to £33,600, making it an attractive prospect for investors. The purchase price is £300,000 with an additional buyer fee of £5,000 plus VAT. Completion must be within 28 days.The ground floor features a well established shop and on the first and second floors, there are four bedrooms one consisting of an ensuite, two separate bathrooms and one WC. This property offers versatility for various uses, whether for residential accommodation or additional commercial space. This layout not only maximises the potential for rental income but also caters to a diverse range of tenants, enhancing its appeal in the local market.Situated in a bustling area, the property benefits from high foot traffic and excellent visibility, ensuring that the shop remains a focal point for the community. The surrounding neighbourhood is well served by local amenities, making it an ideal location for both business and residential purposes.This property is perfect for those looking to expand their investment portfolio or enter the property market with a solid income-generating asset. With its prime location and promising rental potential, this semi-commercial property on Toller Lane is not to be missed.
