Property photos
Just added
Freehold
Fixed price
£400,000
(£429.61/sq. ft)
Leisure/hospitality for sale
2 High Street, Battle TN33931 sq. ft
Local area information
Property location
Nearby amenities
- Battle Abbey School 0.1 miles
- Battle and Langton Church of England Primary School 0.2 miles
- Battle 0.5 miles
- Crowhurst 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Historic town centre location next to Battle Abbey
- Investment opportunity with potential for rental growth
- Tourist attraction
- Car parking close-by
Description
The premises comprise a well fitted restaurant and kitchens over three floors with the benefit of external space to both the front and rear used for additional seating. The building is Grade II listed. It has a long history as a restaurant premises. In more detail the premises are arranged as follows:
Ground floor restaurant overall 49.1 sq m (527 sq ft) character space having feature beams, inglenook fireplace, part panelled walls and timber floor
First floor overall 22.6 sq m (239 sq ft) well fitted kitchen plus store area fitted with air conditioning and extraction
Second floor overall 14.8 sq m (159 sq ft) arranged as open plan office
The premises are held under the terms of a normal fully repairing and insuring lease for a period of 10 years from 2018 at a rent of £27,000pa . The tenant has indicated they wish to either renew their lease on expiry, having invested heavily in the premises, or alternatively would consider a surrender of their current lease with grant of a new 10 year term at a commencement rent of £30,000pa.
Offered for sale freehold subject to the current lease, offers sought in the region of £400,000
Location
The premises occupy an extremely prominent position in Battle High Street next to Battle Abbey, a major tourist attraction. The town is well known for his historical connections attracting a large numbers of visitors and tourists. There is a wide range of specialists shops in the town together with national outlets including a Coop store, Boots chemists and Costa Coffee.
The premises comprise a well fitted restaurant and kitchens over three floors with the benefit of external space to both the front and rear used for additional seating. The building is Grade II listed. It has a long history as a restaurant premises. In more detail the premises are arranged as follows:
Ground floor restaurant overall 49.1 sq m (527 sq ft) character space having feature beams, inglenook fireplace, part panelled walls and timber floor
First floor overall 22.6 sq m (239 sq ft) well fitted kitchen plus store area fitted with air conditioning and extraction
Second floor overall 14.8 sq m (159 sq ft) arranged as open plan office
The premises are held under the terms of a normal fully repairing and insuring lease for a period of 10 years from 2018 at a rent of £27,000pa . The tenant has indicated they wish to either renew their lease on expiry, having invested heavily in the premises, or alternatively would consider a surrender of their current lease with grant of a new 10 year term at a commencement rent of £30,000pa.
Offered for sale freehold subject to the current lease, offers sought in the region of £400,000
Location
The premises occupy an extremely prominent position in Battle High Street next to Battle Abbey, a major tourist attraction. The town is well known for his historical connections attracting a large numbers of visitors and tourists. There is a wide range of specialists shops in the town together with national outlets including a Coop store, Boots chemists and Costa Coffee.
More information
Listed by
Oldfield Smith
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