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Location
The property is situated in a prominent position in the High Street within an established parade comprising a mix of retail and commercial premises.
Description
The property comprises a ground floor Café with the benefit of an A3 Licence currently operating as the Hard Edge Café together with a one bedroom flat above.
The ground floor comprises an open plan seating area with additional forecourt seating together with rear kitchen and storage/preparation areas.
The approximate floor areas are as follows:
Sales area: 33.44 sq m (360 sq ft)
Kitchen: 5.58 sq m ( 60 sq ft)
Rear Preparation
and Storage Area: 5.95 sq m ( 64 sq ft)
There is rear access to the property which is useful in terms of deliveries.
At first floor level is a self-contained one bedroom flat.
Tenancies
The ground floor is leased to Mehdi Breteche trading as The Hard Edge on effective full repairing and insuring terms expiring on 4th August 2021 subject to 5 yearly rent reviews at a current rent of £16,000 pax.
The first floor flat is let on a an Assured Shorthold Tenancy currently let at £6,600 per annum.
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Terms
The freehold interest is available for sale subject to the above tenancies. Offers are sought in the region of £360,000 plus VAT (if applicable) subject to contract.
Energy Performance Certificate:
Awaiting Energy Performance Certificate.
Legal
Costs
Each party is to be responsible for their own costs incurred in
this transaction.
Business Rates
According to the Government website the
Rateable Value is £5,500 and the UBR for 2011/12 is 42.6p in the £.
Viewing
Strictly by appointment only with Sole Agents Gildersleve and Payne.
Contact Nick Payne MRICS
Tel: 01883 723888 email info@gpcommercial.co.uk
Property
Misdescriptions Act 1991
Please note the agents have not
carried out a survey, have not made planning enquiries nor tested
any of the equipment, apparatus, fixtures, fittings, services or
land and are therefore not able to verify their condition, or
suitability for their purpose
Code of
Practice
Applicants should be aware that the code of
practice
on commercial leases in England and Wales
strongly
recommends you seek professional advice from
a
qualified Surveyor, Solicitor or Licenced Conveyencer
before
agreeing or signing a Business Tenancy
Agreement. The Code is
available through
professional institutions and trade
associations or
through the website www.leasingbusinesspremises.co.uk |
