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Reference R1103

A3 & A5 Catering Premises in Hertfordshire For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential, office and commercial area, HERTFORDSHIRE

Price £10,000 / £300,000

Features

Premises with A3 & A5 Catering Consent

SINGLE FRONTED PREMISES in the region of 350 ft², tiled floor, suspended ceiling with concealed lighting, cool display counter with refrigerated storage section, stainless steel extractor unit

First Floor Kitchen

Accommodation

STUDIO FLAT with Double-glazed windows, comprises:

1 Large bedsitting room
Bathroom with bath, w.c. and wash hand basin.

Outside

Small Yard

Tenure

The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £18,000 p.a. for the first 4 years.

We understand NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS £10,000 subject to contract
LOAN TO AN APPROVED APPLICANT.

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS £300,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 210,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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