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Reference M5519
Features
Investment Property Trading As An Indian Restaurant
WE HAVE BEEN INFORMED BY THE LANDLORD that the premises are held on a SECURE RENEWABLE lease granted for 20 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £11,000 p.a.
We understand the property is approximately 500 years old with a wealth of oak beams.
We further understand that the property is a listed building
Full Gas Fired Central Heating
ATTRACTIVE RESTAURANT with wooden floor, beamed ceiling. Tables & chairs providing seating for 40 persons plus 30 on the first floor. BAR.
Ladies & gentlemen's cloakrooms each with w.c. & wash hand basin
FIRST FLOOR KITCHEN
Accommodation
The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Tenure
FREEHOLD INVESTMENT
Price
FOR THE VALUABLE FREEHOLD INVESTMENT PROPERTY £229,500
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 160,650 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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