Restaurant/cafe for sale

Description:
Located on Maldon's High Street and comprising an elegant ground floor 42 cover Restaurant in approx. 680 sq.ft. Overall together with a self-contained 2 bedroom flat over two floors above. We believe all parts could gbe let & produce a rental income of approx. £37,000pa representing a 7.5% yield.

The Property

A delightful grade II* listed building in the High Street of this Historic Town. Ground Floor in a total of approx. 680 sq.ft. Including a commercial kitchen & ladies & gents WC's. We believe these parts are capable of being let at a rent of around £25,000pa.

Features

Grade II* Listed Building
In High Street Location
2 Bedroom Flat Above
Suit Many Cuisines
Rear Parking
Genuine Retirement Sale

Externally

Fenced/gated rear yard/garden space with vehicular access & providing concreted parking for 2 cars, space for refuse and access to the residential parts above.

Upper Parts

Over 1st and 2nd floors and totalling some 800 sq.ft. First Floor: Kitchen, lounge, bedroom, bathroom/WC. Second Floor: Bedroom, loft room/store & secondary kitchen. We believe these parts could be let & produce a rental income of circa £12,000pa including 1 parking space.

Tenure

Freehold.

Business Rates

The most recent rating assessment shows an adopted value of £5,500.

Premises Licence

Should the purchaser so require it, the vendor is prepared to assist in the transfer of the Premises Licence.

Fixtures & Fittings

The asking price includes a full complement of trade fixtures, fittings and equipment.

Legal Fees

Each party is to be responsible for their own legal fees.

Viewing

All arrangements to view are via Gerard Biagioni on . Email: