For sale, a unique and attractive investment opportunity which will provide a passive income for the purchaser.
A mobile phone shop with a very reliable tenant in situ. The tenant has been at the property since January 2019 and is in contract until February 2021 and has every intention of extending the sublease and staying in the property.
The tenant currently pays £1,100pcm for full use of the property via a commercial sublease agreement. The property would provide the purchaser with a very healthy profit margin in the region of 40% from day one!
The business itself turns over in excess of £100,000 per annum and generates a net profit of over 30%.
This is an opportunity to take over the lease for a very well established business and start making a profit from day 1 with very little effort. Making this an ideal opportunity for a savvy investor who is looking for a passive income.