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Property ID: 216440616
Monthly Income
£2,833
Current Yield
11.0%
Tenancy status
Tenanted
CapitalAppreciation
+3.6%
Exclusive Investment Grade Opportunity

This is a commercial Gift shop, Indian takeaway, and restaurant located in Dornoch. The tenant is currently situated and is generating a steady, rewarding rental income for the current landlord.


For investors looking for a rewarding investment, this is a brilliant opportunity!


The property features a large central area for primary business operations, a communal kitchen space, bathroom facilities, and a town centre location that is perfect for those who need to commute.


Investment details


It currently produces an annual gross income of £33,996, and tenants are currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below.


If you are interested, please call us.


Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income2833/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£2833 pcm
Current Rental Yield
11.0%
Potential Market Value Rent
£2833 pcm
Potential Rental Yield
11.0%
Estimated Monthly Capital Appreciation
£930
Area Capital Appreciation Rate
+3.6%

Tenancy Checks

Tenancy Agreement

Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.

Proof of Rental Income

Recent Proof of Rental Income has been Verified by Let Property.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Tenant Means of Funding:

Self Funded

Length of Tenancy information has been provided by the seller as verbal and written confirmation.

Property Checks

Property Tenure

Verified as Leasehold

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Street View not available

Location coordinates not found for this property

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Total Estimated Costs
unknown
Floor plans
Floor plan 1
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Floor plan 2
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Map View not available

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Yearly Net Profit
Current Yearly Rent
£33,996
Annual Capital
Appreciation
£6,200
Yearly Factor Fee /
Service Charge
TBC
Other Yearly Costs
None
Indicated
Annual Net Returns
£40,196