Catering Investment Property in Gloucestershire For Sale

Situated in a terrace, busy road, GLOUCESTERSHIRE

Price £210,000

Features

Investment Property Trading As An Indian Restaurant

WE HAVE BEEN INFORMED BY THE LANDLORD that the premises are held on a SECURE RENEWABLE lease granted for 20 years in October 2021 with reviews every 5 years (next review 2026) at a current rent of £11,000 p.a.

We understand the property is approximately 500 years old with a wealth of oak beams.

We further understand that the property is a listed building

Full Gas Fired Central Heating

ATTRACTIVE RESTAURANT with wooden floor, beamed ceiling. Tables & chairs providing seating for 40 persons plus 30 on the first floor. BAR.

Ladies & gentlemen's cloakrooms each with w.c. & wash hand basin

FIRST FLOOR KITCHEN

Accommodation

The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge

Tenure

FREEHOLD INVESTMENT

Price

FOR THE VALUABLE FREEHOLD INVESTMENT PROPERTY £210,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 105,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote