Three storey mid terraced Georgian type commercial building in prime spot with established and successful tenant. Prime freehold investment property. The property was totally refurbished to a high specification in 2013 including the new fixtures / fittings, lighting and air conditioning equipment. Presently leased to an established tenant until 2034, with an internal repairing and insuring lease at a rental of £126,000 pa.
Ground Floor
1235 SQ FT
Bar and seating area, dinning area with commercial kitchen.
First Floor
1235 SQ FT
Customer toilets (male and female), a bar, private dining room and enclosed rear terrace.
Flat
605 SQ FT
2 bedroom apartment one double, one single, kitchen, living room and bathroom. Presently (A-H) or unqualified accommodation if associated with a potential tenants business if so required.
Lease Terms
There is an internal repairing and insuring lease until 2048 at £126,600 pa. There are break options every 6 years with the next one due in 2028. The Vendor will remove the break in 2028 to provide a term certain of 12 years.
Present tenant rents the buildings either side of the property to accommodate the business.
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