Restaurants for sale in Leamington Spa

View the "Leamington Spa, Warwickshire CV32 5JS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Freehold Price: £650,000
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Business Description
  • Well located town centre retail/residential
  • investment let to Meatcure
  • Current passing rent 40,000 p.a. rising to £55,000 p.a.
  • Net yield of 5.85% (after purchasers costs) rising to 8.04%

Agents Comment

Fronting Warwick Street in Leamington Spa Town Centre, 50 Warwick Street is restaurant unit let on a 15 year lease from July 2015 to Meatcure Restaurants Ltd, an award-winning and growing burger operator. The current rent of £40,000 rises to £55,000 p.a. by years 9 & 10 of the term. We are seeking offers in excess of £650,000 for this investment opportunity.

NB: The flats above and adjacent barber shop have been sold on 999 year leases.

For further information, please call us on 0121 236 5252.

Tenure: Freehold

Listed by: Fleurets Birmingham
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