Commercial Property Investment for Auction

A freehold commercial premises of approximately 1,761 sq. ft. (163.60 sq. m.) comprising a restaurant and takeaway located on a well-established parade. The property is currently let subject to a 5-year lease from July 2022 at a passing rent of £8,500 per annum, rising to £9,000 per annum in 2027. The property offers extensive and comprehensively refurbished accommodation providing a large public dining area, together with a large fully-fitted commercial kitchen, preparation area, stores, and toilet facility. Ground floor accommodation comprises a total of 1,761 sq. ft. (163.60 sq. m.), including a public dining area of 510 sq. ft. (47.38 sq. m.), prep/sales area of 398 sq. ft. (36.98 sq. m.), kitchen of 544 sq. ft. (50.54 sq. m.), and stores of 261 sq. ft. (24.25 sq. m.). Note: Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.