Freehold Restaurant & Upper in Chalfont St. Peter, Buckinghamshire

  • Freehold Price: £2,600,000
Chalfont St Peter, Buckinghamshire, England
Seller Ref:CHALFONT_RESTAURANT_FREEHOLD
For Sale

Freehold Restaurant & Upper in Chalfont St. Peter, Buckinghamshire

Chalfont St Peter, Buckinghamshire, England
Seller Ref:CHALFONT_RESTAURANT_FREEHOLD
  • Freehold Price: £2,600,000

Overview

Seller Ref: CHALFONT_RESTAURANT_FREEHOLD

Description

FREEHOLD – INVESTMENT ONLY

Prime Commercial Investment Opportunity in Chalfont St Peter, Gerrards Cross SL9 9QL

MAIN FEATURES

Freehold Restaurant & Upper in Chalfont St. Peter, Buckinghamshire
Seven (07) Self-Contained Studio Flats on the First Floor
Fully Let on a 20 Years Lease from 2021 (Inside the LTA 1954)
Initial Rent: £160,000 per annum to be reviewed every 5 years
Gross Yield: 6.15%
Next Rent Review: April 2026
Grade II Listed Property
Substantial Restaurant Property with onsite Car Park

THE PROPERTY

Grade II Listed Building
Ground Floor: Circa 3,378 Sq. Ft Restaurant & Bar
Ground Floor Restaurant fully refurbished in 2022 to a premium standard
Large Rear Extension
On Site Car Park for up to 7-8 cars
Seven (07) Self-Contained Studio Flats on the first floor fully furnished on 2017
Price: £2.6 million plus VAT

THE TENANCY

The property is fully let to a reputable Turkish restaurant trading as Yaprak on a 20 years lease from April 2021 with a personal guarantee.
Initial Rent of £160,000 pax to be reviewed every 5 years, with the next rent review due in April 2026.
Substantial investment made by the current tenant to improve and maintain the restaurant
Tenant’s Restaurant Website: https://yaprakchalfontstpeter.co.uk/

THE LOCATION

Chalfont St Peter, Buckinghamshire
20 miles from Central London
Close proximity to Heathrow Airport and the motorway network (M25, M40, M1 and M4).
Renowned for its prosperous community and high standard of living.
Considered as Buckinghamshire’s most affluent and thriving areas.
Easy Access to Central London & Heathrow

VIEWINGS & CONFIDENTIALITY

Strictly through SOLE AGENT Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Is this business relocatable:
No
Is stock included:
NA
Website address:
https://restaurantpropertysellers.com/property/freehold-restaurant-for-sale-chalfont-st-peter/

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