£110,000

Restaurant for sale

  1.  Picture No. 01
Just added

Guide price

£110,000

Restaurant for sale

Mill Street, Whitchurch SY13

Local area information

Property location

Nearby amenities

  • Physis Heathgates Academy (SEN) 0.1 miles
  • Whitchurch CofE Junior School 0.4 miles
  • Whitchurch (Shropshire) 0.5 miles
  • Prees 4.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • 20 Mill St, Whitchurch SY13 1SE
  • Ground floor: Takeaway
  • First floor: 2 bedrooms, 1 kitchen and a bathroom - rooms need updating
  • Entrance to first floor is separate entrance
  • No lease due to expiry
  • £880 rent per month
This tenanted commercial unit is currently used as a food takeaway and has a 2-bedroom flat above it which requires some tlc but does have a separate entrance and could achieve a further £425PCM, the commercial unit is tenanted at £880 per calendar month.

This commercial unit currently achieves a rental income of £880PCM and a yield of over 10% if secured at the guide price of £110,000, but if you include the potential rent of a further £425 you could extend the yield return to over 15%.

Situated in the busy market town of Whitchurch, this area benefits from a variety of independent local shops, schools, four large supermarkets and other major retailers. The renowned Hill Valley Hotel, Golf & Spa is located on the outskirts of the town, which offers great facilities. Whitchurch train station is on a direct line between Crewe and Shrewsbury with onward connections to Manchester, London and Birmingham plus other major cities

For any further information, please contact the Wilsons Auctions Property Department.

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  1. Zoopla
  2. Commercial for sale
  3. Shropshire
  4. Whitchurch
  5. Mill Street