Description
The property comprises the ground floor only of a single storey detached building with exposed brick elevations beneath a pitched and hipped roof.

There is a single storey detached building adjacent to the restaurant which is let separately.

Virtual Tour
Please see the link below to access the Virtual Tour:
https://vt.ehouse.co.uk/x4kj98h8drz

Tenure
The property is held freehold (Title Numbers EX27221 and EX73147).

Tenancy
The restaurant is let to Willow Essex Limited on a 20 year lease from 23 April 2019 at a current rent of £58,456 per annum which is subject to five yearly open market reviews and annual uncapped RPI increases (except in the open market review year). A rent deposit of £26,610 is held by the landlord.

The single storey retail unit is let on a Tenancy at Will to Keith Ashton Limited at a current rent of £15,006 per annum.

Planning
The property is not listed or situated within a conservation area.

EPC
B - 50

VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

Terms
We are instructed to invite offers in excess of £1,025,000 (6.75% NIY) assuming the usual purchasers costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.