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Commercial for sale Hotel Street, Coalville

Asking price

£60,000

Added yesterday

Type: Commercial
Tenure: Ask agent

About this property

Summary A versatile commercial premises occupying a prominent and convenient position on Hotel Street in the heart of Coalville, offering approximately 492 sq ft of accommodation arranged over the ground and first floors. The property provides an adaptable layout suitable for a variety of commercial uses, subject to any necessary planning consents, and represents an excellent opportunity for an owner-occupier, investor or business seeking well-located premises within the town centre. The ground floor provides an accessible entrance and principal commercial space, with further accommodation arranged at first-floor level.

Floorplan

Council tax

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Location

Hotel Street, Coalville

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Mortgage and stamp duty

Property price £60,000

£30k £90k

Deposit10% £6,000

£0 £60k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £54,000 mortgage. Most lenders would want a household income of about £12,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.