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SPACIOUS OLDE WORLDE PREMISES

Price:
Leasehold - £20,000
Seller Ref:
R1574
Location:

Essex

Business Type:

Commercial Property

See Other:
Catering premises for sale in Essex
Vacant premises for sale in Essex
Commercial property for sale in Essex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have A3 use and are allowed to be open until 11 p.m. In our opinion the premises have terrific potential for development as a Restaurant in this excellent main road trading position, very close to major quality food chains including Ask, La Tasca & Strada.

Grade II Listed Building

Total area cellar, ground, first and second floor in the region of 2,000 sq. ft.

GROUND FLOOR SPACIOUS DOUBLE FRONTED PREMISES with beamed ceiling plus uprights.

Rear room

FIRST FLOOR 3 large rooms plus 1 small additional room

Tiled cloakroom with tiled walls, 2 w.c's, wash hand basin

SECOND FLOOR with laminated strip floor comprising 2 large rooms, 1 with fully tiled en suite w.c. wash hand basin plus shower.

In our opinion the ground and first floor could be readily developed into an attractive Restaurant with commercial kitchen.

The vendors own the freehold and are prepared to grant a new 21 years full repairing and insuring lease at a rental of £35,000 p.a. exclusive of rates, with rent reviews to be negotiated. We also understand the vendors are prepared to grant a shorter lease, if desired.

Uniform Business Rates: £7,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE £20,000 subject to contract
Location Details:
Situated in a terrace, excellent main road trading position, ESSEX
Accommodation:
Brickbuilt outbuilding.
Rear Garden
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