| (REF: R1574) Spacious Olde Worlde Premises |
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| Seller Reference: |
R1574 |
| B4S Reference: |
21174 |
| Asking Price: |
£20,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
Undisclosed |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Essex, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : We understand the premises have A3 use and are allowed to be open until 11 p.m. In our opinion the premises have terrific potential for development as a Restaurant in this excellent main road trading position, very close to major quality food chains including Ask, La Tasca & Strada.
Grade II Listed Building
Total area cellar, ground, first and second floor in the region of 2,000 sq. ft.
GROUND FLOOR SPACIOUS DOUBLE FRONTED PREMISES with beamed ceiling plus uprights.
Rear room
FIRST FLOOR 3 large rooms plus 1 small additional room
Tiled cloakroom with tiled walls, 2 w.cs, wash hand basin
SECOND FLOOR with laminated strip floor comprising 2 large rooms, 1 with fully tiled en suite w.c. wash hand basin plus shower.
In our opinion the ground and first floor could be readily developed into an attractive Restaurant with commercial kitchen.
The vendors own the freehold and are prepared to grant a new 21 years full repairing and insuring lease at a rental of £35,000 p.a. exclusive of rates, with rent reviews to be negotiated. We also understand the vendors are prepared to grant a shorter lease, if desired.
Uniform Business Rates: £7,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE £20,000 subject to contract
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Brickbuilt outbuilding.
Rear Garden |
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Location: |
Situated in a terrace, excellent main road trading position, ESSEX |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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