Restaurant for sale
Property description & features
- Tenure: Freehold
- Lic'd Prem & Café (A3&A4)
- 680 Approx Sq Ft
- Freehold
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
Places of interest
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