Restaurant/cafe for sale in North Street, Hornchurch RM11
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Property features
- Circa 11 years unexpired lease term
- Established takeaway use
Property description
Location
The property is located approximately 0.1 miles to the south of Emerson Park Station and just over 1 mile north of Hornchurch Station, within a small stretch of retail parade.
Accommodation
Established takeaway use arranged as sales area and kitchen separated by stud partitioning, with external WC and refuse area.
Lease terms
Demised for a term of 20 years from December 2014 thus having an unexpired lease term of circa 11 years. The current rent passing is £10,800.00 per annum exclusive with an upward only rent review at the 5th anniversary of the term and thereafter on a four yearly upward only pattern. The beneficiary of the lease is an individual under their personal capacity.
Price
Offers are sought in the region of £160,000 for the freehold interest with the benefit of the Tenancy in place.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Taylor Freeman Kataria, IG1 on +44 20 8115 0583 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Taylor Freeman Kataria, and do not constitute property particulars. Please contact Taylor Freeman Kataria 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.