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Restaurant/cafe for sale in Ashbourne Parade Temple Fortune, London

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Restaurant/cafe for sale

1,450 sq. ft*

Property description

The ground floor comprises two intercommunicating A3 restaurant units which have recently been refurbished to exacting standards. The floor area is approximately 1450 sq ft (135 m2). The restaurant is let for a term of 20 years from January 2018 on a full repairing and insuring lease, at a rental of £50,000 p.a.x. Rent reviews are 5 yearly. The current Freeholder retains a security deposit equivalent to 6 months rent.

The accommodation above 2 Ashbourne Parade presently comprises a large 4 bedroom flat let for a term of 990 years at a peppercorn rent.

The accommodation above 1 Ashbourne Parade comprises 2 Flats which have been sold on long leases (125 years from December 1986) each producing a Ground Rental Income of £150.00 per annum.

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by 3H Property Consultants, and do not constitute property particulars. Please contact 3H Property Consultants 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.