OIRO £800,000 - Available

Instructed by the freeholder to dispose of the entire building, we are pleased to offer this well presented high acclaimed restaurant let on a long 25 year FRI lease.
The current lease terms are: 25 year lease from April 2016 with 21 years unexpired at a current rent of £30,000pa.
There is a rent review next year with an expected increase to £35,000pa - £40,000pa
Included within the lease is a three roomed first floor addition classed as storage/ancillary space and external shed for storage.
The current leaseholder has also given a personal guarantee. Offered as a commercial rental investment it has been valued on the restaurants long established acclaimed reputation, rental uplift and length of the lease. Offers are invited from serious investors only.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

marker icon