***With an ingoing premium of £10,000***
We are acting on behalf of the current tenant for the assignment of the existing lease; the unit was operating as a pizza restaurant with seating for 40 customers.
However the premises could suit a variety of catering uses or even retail use, due to its close proximity to the Co-Op and other nearby retailers.
The premises offer approximately 770 sq ft plus cloakroom, small office/store and commercial kitchen.
To the lower ground floor there is a large basement area for further storage purposes with pedestrian access to the rear.
The property has recently undergone a major refurbishment, early viewing must be made to appreciate the high calibre of decoration throughout and appreciate the investments the current tenant has made to the property.
In a prime retail area in the centre of Braunton adjoining the Co-Op supermarket, the subject premises are therefore ideally placed for passing trade, serving the local community and tourists alike.
Held on the balance of an existing lease of nine years, with six years remaining at a current rental of £15,750 per annum with an ingoing premium of £10,000.