*** PRICE REDUCTION *** The property comprises a large 5 storey character building that trades as a restaurant and fast food takeaway on both ground and first floors. The basement, second and third floors are used for storage, staff and ancillary purposes. At the rear of the building there is a car park and un/loading area accessed from Solomons Road.
FLOOR AREAS: Ground Floor: Restaurant and Kitchen - 1,640 sq ft Ground Floor: Food Preparation - 360 sq ft Ground Floor: Office - 71 sq ft Ground Floor: Store - 100 sq ft First Floor: Restaurant and Ancillary - 778 sq ft Second Floor: Training room and Staff - 763 sq ft Third Floor: Storage - 541 sq ft Basement: Storage - 1,621 sq ft
The freehold interest, subject to the lease, is available on the basis of offers in excess of £800,000, ie a net initial yield of approximately 7.75%. VAT is not payable.