Property for sale
Key information
Property description & features
- Well positioned ground floor restaurant
- Leasehold expiring in 2107
- Area: 1979 sq ft
- Investment opportunity
- Tenanted on a 5 year lease achieving £31,200 per annum
- 11.34% gross yield
This property boasts a generous footprint of 1979 sq ft, encompassing four individual units. The restaurant area accommodates around 46 diners within elegantly designed dining areas, featuring a well equipped bar, customer and staff amenities, an office, storage facilities, and a spacious, fully outfitted kitchen. Parking is conveniently located in the adjacent St Pauls Square car park.
This sale presents a leasehold opportunity with a tenure extending until November 2107. The current tenant, having signed a 5 year lease in 2024, yields an annual income of £31,200, inclusive of rent, rates, and service charges, equating to an impressive 11.34% gross yield.
Tenure: Leasehold
Property information from this agent
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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