78 Bank Street, Seymour, CT, 06483 | $180,000

Wonderful opportunity to purchase a turn key business! This Subway location at 78 Bank Street is located right off of Route 8, offering built in traffic. Rent is currently only $1, 538/month with $400 additional for common charges. With another 10 years on the current lease, this location is a homerun! This location just underwent an $86, 000 renovation! Brand new dining room, Bainmarie, and more! This is a great, visible location. Offering a well established customer base, one can walk right in and start enjoying owning their own franchise, or we can do an asset only sale and you can put in your own deli or quick service restaurant. If you were looking to be your own boss, this is the place for you. Current owner works this location only 40 hours a week, but you can truly tailor your schedule to suit your needs and desired income. Call with any questions regarding financials or further interest. Financials are available upon request. Must apply to Subway to become a franchise owner. Asset only sale is also possible. Call to inquire.

Features

  • Current Use: Sandwich shop
  • Utilities: Electric,Gas,Telephone,Cable
  • Heating: Hot Air
  • Cooling: Split System
  • Zoning: Multi Use
  • Frontage: U.S. Highway,State Road,Paved Road
  • Lot Desc: N/A
  • MLS#: 170624821
  • Days on Market: 91 days
  • Website: https://www.raveis.com
    /raveis/170624821/78bankstreet_seymour_ct?source=qrflyer
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.

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Maureen McLarinSales Associate

203.923.7848

Maureen.McLarin@raveis.com

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Nico SharpVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 337556

424.356.4321

Nico.Sharp@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
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78 Bank Street, Seymour, CT, 06483

$180,000

Maureen McLarin

Sales Associate

William Raveis Real Estate

Phone: 203.923.7848

Maureen.McLarin@raveis.com

Nico Sharp

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 424.356.4321

Nico.Sharp@raveis.com

NMLS Mortgage Loan Originator ID 337556

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $144,000 $144,000 $144,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $982 $957 $1,235
Total Monthly Payment $1,057 $1,032 $1,310

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.