We are pleased tooffer the following investment opportunity:
The investment hasarisen from one of our existing clients – a student bar/pub landlord, who hasalready a profitable business in Leeds – It is his intention to expand hisbusiness and create a second pub / bar under the same branding. The siterequired has been identified and is with the receivers……. It already hasplanning permission for the intended use.
The buisness owner does not have the fundsto be able to secure the property himself, so we are seeking an investor whowould look to purchase this property from the receivers with an already pre –agreed tenant.
The tenant has agreedin principle to a minimum of a 20 year lease at a rent producing a yield inexcess of 10% in relation to the purchase price ( that is around£375,000). Please not that theproperty is with the receiver at this time so a reduced price is more thanlikely achievable therefore increasing the potential yield.\
The potential tenantis willing to offer a personal guarantee as security- putting forward his personal home, that has a healthy amount of equity in it as well as otherconsiderations as security.
For more detailsplease contact our sales team on the details below
Kind regards
Bennett Property Management sales team
Tel 0161819 2413
Fax 0844292 7671
Email sales@bennettpropertymanagement.co.uk