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Bed Industrial, Investment, Retail For Sale
For sale by Modern Method of Auction: Starting Bid Price £350,000 plus Reservation Fee.
The subject property is a detached 19th century brick-constructed building which provides accommodation over basement, ground and first floors. The property is currently used as a restaurant on the ground floor with general storage within the basement and the first floor provides residential accommodation. The residential accommodation is currently unoccupied and would require refurbishment throughout. The ground floor restaurant accommodation is in a very presentable condition.
In addition, the property benefits from a tarmac-surfaced car park with space for approximately 10 vehicles.
The property is currently producing a rental income of £26,000 per annum. We have not had sight of the lease, although, have been advised there are currently 4 years remaining.
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