Leasehold Freehold Bar Restaurant Plus Accommodation In Middlesex For Sale

Business description

On busy main rd, excel trade, densely pop area, etc. 3,000 sq ft grd flr (150 seats), taking £10,000 pw. F/hold (two 3-bed flats let @ £1000 pcm each) £1,800,000 or L/hold (lock up) – New 20 yrs lse, 4 yrly reviews, rent £45,000 pa. Rates £10,000 pa

Property information

Property:

Freehold

Lease terms:

Lock up - New 20 years lease with 4 yearly rent reviews @ an initial rent of £45,000 pa.

Leasehold rent:

£45,000 per annum

Living accommodation:

There are two self contained 3-bedrooms flats above with gas central heating and is double glazed. The flats are rented out on shorthold tenancy yielding rental income of £1,000 pcm from each flat. The accommodation is available with freehold purchase only

Size in square feet:

3,000

Business Operation

Trading hours:

Tues – Sun noon – 11 pm & Mon 5.00 pm – 11.00 pm.

Employees:

2 owners + 2 f/t & 9 p/t

Years established:

17

Other information

Inventory / Stock value:

£5,000

Leasehold asking price:

£350,000 (Furniture / Fixtures included)