Restaurants for sale in Ottery St Mary

View the "Devon Restaurant unit plus residential apartment" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons is the way to go and the one I recommend. 

C. McFarquhar (Apr 2017)
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Freehold Price: £169,999 Annual Turnover: £9,600
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Business Description
• Substantial Freehold Investment Property
• Mix of Commercial and Residential
• Restaurant unit plus residential apartment
• Sought after shopping street location
• Ample customer parking nearby
• Situated in a popular East Devon town

Falcon Commercial is delighted to offer for sale this marvellous opportunity to acquire the valuable freehold rights to a Commercial and Residential property. This substantial two-storey freehold property enjoys all the considerable commercial advantages of a highly visible trading position on one of the main shopping roads in Ottery St Mary, Devon. It is surrounded by a good mix of complimentary independent and multiple businesses

The premises currently feature self-contained restaurant premises, together with a private apartment which are currently let to produce a very healthy regular rental income.

This would naturally present a truly outstanding opportunity, particularly for someone looking to significantly increase their existing investment portfolio by the acquisition of a substantial and extremely well located additional freehold property which achieves a very healthy return on initial capital outlay.

Falcon Commercial recommends early negotiations on this rarely available unique investment opportunity.

Premises Details

Well-presented and maintained two storey premises, briefly comprising

Ground Floor
• Restaurant with
• Restaurant area
• Kitchen
• Toilet

First Floor
• Apartment with
• Lounge
• Bedroom 1
• Bedroom 2
• Bathroom

Tenure
Freehold

Business Rates
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Legal Costs
Each party to bear their own legal costs incurred in the transaction unless otherwise agreed

Planning
For further information, you should make their own enquiries to East Devon District Council, Knowle, Sidmouth EX10 8HL

EPC
The EPC rating is: TBC

Rental income
The rental income is currently
• £9,600 per year
Tenure: Freehold

Listed by: Falcon Commercial

Find out more about this business opportunity.

 
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