Ground floor café/restaurant investment with residential upper parts sold off on a long lease. The lease on the ground floor has a rent review in October this year.
Location
Located in the popular High Street in Burnham.
Accommodation
Ground Floor - 527 sq ft (49 sq m)
Terms
Available as a freehold investment subject to the occupational business lease on the ground floor.
The flat above has been sold off on a long lease.
£XXX exclusive.
TENANCY INFORMATION
The ground floor lease:
The lease is from 19th August 2014 for a term expiring 28th October 2033. The passing rent is £XXX per annum exclusive of utilities, business rates, building insurance and VAT (if/where applicable). The rent review dates are 29th October 2018, 29th October 2023 and 29th October 2028.
The residential self-contained flat above has been sold off on a long lease. 125 years from 24th June 1997.
EPC - Asset rating TBA
BUSINESS RATES
The billing authority is South Bucks Council
01895 837200
The shop premises has a rateable value at £XXX (April 2017)
LEGAL COSTS
Each party to bear their own legal costs in this matter.
VAT
All figures are quotes exclusive of VAT (if/where applicable).
LIMITATIONS
All sizes are approximate and not to be relied upon for any purposes.
Copies of leases and title information available on request.