Tenure: Freehold

LOCATION
Located close to Loughborough City Centre, the Rushes shopping centre, Sainsbury's Superstore and local amenities.

DESCRIPTION
Freehold investment compromising of 10 apartments all let on AST producing a total income of £65,000 pa. Ample amounts of parking on site
Potential Further development opportunity to rear subject to necessary planning
APPROX GROSS YIELD - 7.5 - 8%

ACCOMMODATION
6 Studio Apartments fully furnished - Approx 24 - 27 m2

4 1 bed Apartments fully furnished - Approx 28 - 36 m2

SERVICES
Services are all connected but have not been tested by the agents

VAT
NO VAT PAYABLE

LEGAL COSTS
EACH PARTY RESPONSIBLE FOR THEIR OWN LEGAL COST

PARKING NOTES
PARKING AVAILABLE ON SITE

OTHER
**Are you looking to SELL or LET your BUSINESS OR PREMISES? We have local experts that can help with all your Commercial/Brokerage needs, give us a call or visit our website for more information**

VIEWING
STRICTLY THROUGH SOLE AGENTS - REIGN COMMERCIAL

 

Comment