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return on commercial investment

Last post 07 Feb 2008, 8:18 PM by chevy1928. 0 replies.
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  •  07 Feb 2008, 8:18 PM 429020

    return on commercial investment

    Hello, I have been looking for a property investment and have come accross a shop for sale. It is on an estate and let to a national chain. The rent is £10,000 per annum. It is let on a full repair and insure basis and thier is a get out for the tennant in five years with rent reviews every 3 years. The lease is due to expire in 2017. The purchase price is £125,000 and the mortgage will be for £106,000. Do these figures stack up, and would other more experienced investers consider this deal.chevy1928.
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