Nil Premium Potential Restaurant Or Takeaway For Sale

Business description

HISTORY

• The premises have been owned by the present vendor for approximately 30 years
• The property has been extended over the years with the major part dating back to 1820

REASON FOR SALE

• The premises are only now being let as the vendor wishes to retire

SERVICES

• The premises are thought to be ideal for conversion into a restaurant or takeaway, although any number of other uses may be available subject to planning consent being obtained

CUSTOMERS

• Potential customers are from the adjacent Air Force base with circa 3,900 service personnel, 600 civilians and from the many nearby residential properties




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Leasehold
• Original Lease: 9 years
• Rent: £18,000 per annum
• Rates: TBA

Leasehold rent:

£18,000 per annum

Location:

• The premises are ideally located next to the main entrance to a major Air Force base in Oxfordshire

Premises details:

• The premises are currently being used as a supplier of car accessories and spare parts
• The total area is approximately 1,271 sq feet (118 sq metres)
• There is parking in front of the premises as well as to the side which can accommodate several vehicles at any one time
• The premises are being offered on an initial 9 year lease on a full insuring an repairing basis at a commercial rent of £18,000 per annum
• All change of use will have to be agreed with the local council and planning permission obtained
• Any new tenant will have the first option to purchase the freehold in the future should it become available

Other information

Related documents:

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