An Ideal investment opportunity is available to purchase a Restaurant plus a 2 Bedroom Flat above. The restaurant measures approximately 1482 sq ft and is Let at a rental of £26,000 pa The First Floor flat is on a shorthold Tenancy at a Rental of £14,400pa.The Second Floor Flat is sold on a Long Lease and the Ground Rent coming in is £250pa. Gross Income from Shop and Flats is £40,650 per annum Rent review is 4 yearly, next in June 2021. 24 year lease, of which 9 years are remaining The property is not vat applicable. The Restaurant has a tiled floor, suspended ceiling with inset lighting. There is seating for 90 people. There is electric heating, air conditioning, has a security alarm system, and CCTV.
For full details and to arrange a viewing please contact Ashton Fox Commercial.
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