Terraced house for sale in Widnes WA8, 4 Bedroom

This is a double mid terrace retail unit with a good size 4 bedroom flat to the upper floor. The property has been newly refurbished in the year 2018. The property benefits from roller shutter to the front and double glazing to the rear. The property has also recently been rendered and painted to the rear. Ideal as a development opportunity with plenty of potential to add value. The takeaway lease contract is fixed to 15 years with a lease price review every 3 years. This property currently has a return yield of 11% with the lower floor takeaway generating £500 pcm and the upper floor apartment generating £500 pcm. This property has huge potentials and has a potential to increase its yield to 17-19% return.
Ground floor: Shop floor 240m, Takeaway seating area, Inside kitchen, staff room, bathroom, back storage, front stairs to upper floor.
First floor: Kitchen, bathroom, four Large bedrooms, living room.
Outside: Yard to rear, on-street parking to front