About this property
The property is prominently located on the southern section of High Street, approximately one mile south of the City Centre within a busy commercial/residential district.
The ground floor accommodation comprises a sales area, fully equipped kitchens and preparation rooms. The living accommodation is self-contained, having separate access from the rear. At first floor level there are two reception rooms. kitchen and bathroom/WC. At second floor level, there are two bedrooms.
There is also the option to purchase additional land to the rear which has Planning Permission for the erection of a single storey industrial building (Application No: 217/0502/FUL). Further details are available on request.
The Freehold property, subject to the existing tenancy as described above, is being offered.
The entire property is currently let under the terms of a ten year Lease commencing 26th October 2011. The Passing Rent is £18,750 per annum, representing a yield of 8.3%. Full details are available on request.
Rateable Value £6,400
VAT may be applicable in addition to the sale price at the prevailing rate.
Class A5 (Hot Food & Takeaway) and Residential
By prior appointment via Mundys Commercial – 01522 556088.