Investment for sale Olney MK46 4BY,2753sq ft

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Investment

Investment For Sale Olney

PROPERTY ID: 124185

PROPERTY TYPE

Investment

STATUS

Available

SIZE

2,753 sq.ft

Key Features

Long leasehold Investment for sale

Rental income

Property Details

Long Leasehold Investment Premises For Sale, Comprising Of Ground Floor Restaurant, With Outside Courtyard Seating Area And W.c. Facilities. To The First Floor There Is A Kitchen And Storage, With Offices To The Second Floor. There Is 175 Years Remaining On The Long Leasehold Interest. The Property Is Currently Let On A 20 Year Lease, Subject To 5 Yearly Reviews At A Rental Of £35,000 Per Annum And Trading As The Courtyard Brasserie. The Head Lessee Is Required Under The Head-lease To Pay Abbey Mill Homes A Sum Of £3,000 Per Annum For The Use Of The External Areas, So Effectively The Rental Income Equates To £32,000 Per Annum.

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About the Agent

Stimpsons Eves

See Agent's Other Properties

Investment Unit

£470,000 Freehold

8-9 Rose Court, Olney, MK46 4BY

Investment - Available
2,753 sq ft
256 sqm

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