* Calls to this number will be recorded for quality, compliance and training purposes.
Freehold Restaurant Investment
Comprising a Ground and First Floor Restaurant and Bar
Rear vehicular access
Prosperous mixed residential and commercial town
VAT is not applicable
Occupiers close by include Sainsbury’s Local, Greggs, NatWest, Wimpy and Boots
Investment Consideration: Gross Initial Yield: 5.25% Rental Income: £15,500 p.a. Rent deposit held of £15,500. VAT is not applicable to this property. Property comprising a Ground and First Floor Restaurant and Bar including rear vehicular access. Prosperous mixed residential and commercial town. Occupiers close by include Sainsbury`s Local, Greggs, NatWest, Wimpy, Boots, amongst others.
Property Description: A mid-terraced property comprising a Ground and First Floor Restaurant and Bar including rear vehicular access with private parking for 3 cars.
The property provides the following accommodation and dimensions: Ground Floor: (38 covers) Shop: 924 sq ft Disabled WC Shop Frontage: 22 ft on Hamlet Court Rd
First Floor: (20 covers) Spiral Staircase to Office Area (230 sq ft) Ladies and Gents WCs
Tenancy: The shop is at present let to Mr A.P. Saunders t/a Bar and Restaurant for a term of 15 years from 13th August 2009 at a current rent of £15,500 per annum and the lease contains full repairing and insuring covenants. Rent deposit held of £15,500.
Location: Located close to the junction with London Road (A13) in the best shopping location in Westcliff-on-Sea, 4 doors down from a new Sainsbury`s Local with other such multiples as Greggs, NatWest, Wimpy and Boots nearby. Westcliff-on-Sea is a prosperous mixed residential and commercial town abutting Southend approximately 35 miles east of Central London.
For more information about this property, please contact Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)
Contact Blue Alpine Partners about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.