Fully fitted restaurant opportunity located in affluent market town centre with living accommodation-premium lease assignment. £85,000.
Description
A fully fitted restaurant opportunity located in affluent market town centre with living accommodation available by way of a premium lease assignment.
Viewings
Further information is available upon request. Following review we highly recommend a discreet customer viewing in the first instance. Staff are not aware of the sale so please be discreet of visiting as a customer. Please do not approach the business or staff direct. All enquiries via sole selling agents Savills.
Terms
Leasehold. The property is held on the remainder of a 10 year Full Repairing and Insuring Lease from 6 November 2020 with a tenant break on 6 November 2025. The passing rent is £34,000 per annum exclusive reducing to £30,000 per annum exclusive in 2025. Suitable security is required under the lease. TUPE provisions will apply. Suitable lease security is required. The subject property is on the 2017 Rating List with a Rateable Value of £21,250, revised to £22,500 from April 2023. Please check www.voa.gov.uk for up to date information on rates payable.
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground | 657 | 61.04 | Sold |
Basement | 330 | 30.66 | Sold |
1st | 603 | 56.02 | Sold |
2nd | 603 | 56.02 | Sold |