Restaurant for sale

Brighton Road, Salfords, Redhill, Surrey RH1

Description & Accommodation

The property is currently arranged as a takeaway restaurant at ground floor with residential accommodation to the two upper floors.
The property has the following net internal floor areas:

• Ground Floor Retail 25.53 sq. M 275 sq. Ft

• Ground Floor Storage 9.01 sq. M 97 sq. Ft

• First Floor Residential 42.28 sq. M 455 sq. Ft

• Second Floor Residential 40.18 sq. M 432 sq. Ft

Total 117.01 sq. M 1259 sq. Ft

Tenure
The entire property is currently held freehold under Title No SY868727

Occupational Leases
The property is subject to the following occupational Lease.
Let to Chiaw Yuet Chong and Dong Lin at a rent of £36,000 for a term to expire 6th February 2038, subject to 3 yearly upward only rent reviews.
The Lease is contracted outside S24-28 of Part II of The Landlord and Tenant Act 1954.

Terms
The Freehold interest is available to purchase at a price of £495,000 (Excl. Of VAT)
The client reserves the right to sell the Property with an Overage provision at a percentage to be agreed should further residential and/or commercial development be consented at the site.
VAT

The above guide price is exclusive of VAT if applicable.
Subject to Contract