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Restaurant for sale

High Street, Maldon, Essex, CM9
Restaurant
680 sq ft / 63 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
  • Lic'd Prem & Café (A3&A4)
  • 680 Approx Sq Ft
  • Freehold
DESCRIPTION:
Located on Maldon's High Street and comprising an elegant ground floor 42 cover Restaurant in approx. 680 sq.ft. overall together with a self-contained 2 bedroom flat over two floors above. We believe all parts could be let & produce a rental income of approx. £37,000pa representing a 7.5% yield.

Rooms

The Property
A delightful grade II* listed building in the High Street of this Historic Town. Ground Floor in a total of approx. 680 sq.ft. including a commercial kitchen & ladies & gents WC's. We believe these parts are capable of being let at a rent of around £25,000pa.

Features
Grade II* Listed Building In High Street Location 2 Bedroom Flat Above Suit Many Cuisines Rear Parking Genuine Retirement Sale

Externally
Fenced/gated rear yard/garden space with vehicular access & providing concreted parking for 2 cars, space for refuse and access to the residential parts above.

Upper Parts
Over 1st and 2nd floors and totalling some 800 sq.ft. First Floor: Kitchen, lounge, bedroom, bathroom/WC. Second Floor: Bedroom, loft room/store & secondary kitchen. We believe these parts could be let & produce a rental income of circa £12,000pa including 1 parking space.

Tenure
Freehold.

Business Rates
The most recent rating assessment shows an adopted value of £5,500.

Premises Licence
Should the purchaser so require it, the vendor is prepared to assist in the transfer of the Premises Licence.

Fixtures & Fittings
The asking price includes a full complement of trade fixtures, fittings and equipment.

Legal Fees
Each party is to be responsible for their own legal fees.

Property information from this agent

About this agent

Dedman Gray - Commercial
Dedman Gray - Commercial
103 The Broadway Thorpe Bay, Essex SS1 3HQ
01702 787829
Full profileProperty listings
Dedman Gray are situated in Southend on Sea, covering South East Essex. We are an independent property consultancy firm offering a wealth of experience in every aspect of Estate Agency including, Commercial Sales and Lettings, Business Sales, Property Auctioneers & Sales & Lettings for up market properties. Other services we are offer are commercial management, acquisitions, Landlord and Tenant advice, surveyors and the provision of associated professional services. Feel secure in the knowledge that our dedicated and well trained staff will always strive to act in the best interest of the client, achieving the best possible outcome.
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