Property Details

Business Lease FOR SALE

Premium £50,000 LH for the F&F
Rent £30,000 per annum plus VAT

Affluent Town Centre trading location

Size - Circa 2000 Sq. ft
Rent - £30,000 per annum
Premium - £50,000 for F&F only
VAT - Applicable on the rent
Legal fees - Each party to bear their own
EPC - (E) 117

The property is a 2 storey brick built property with roof terrace. With trading over all 3 floors to include Ground floor Restaurant, Kitchen, Cellar with store room, Accessible W/C and Office. The first floor offers a bar and restaurant area and the top floor is a well appointed roof terrace.

The property is located on the centre of the High Street, close to Market Square.

Princes Risborough is a market town in Buckinghamshire and it is located about 9 miles (14 km) south of Aylesbury and 8 miles (13 km) northwest of High Wycombe. It lies at the foot of the Chiltern Hills, the south end of which is at West Wycombe. The A4010 road follows this route from West Wycombe through the town and then on to Aylesbury.

Offered for sale by way of a lease assignment - The current passing rent is £30,000 per annum + vat. The current lease expires in December 2041 - 16 years remaining.

The premium of £50,000 for the leasehold interest in the property, fixtures and fittings, goodwill and any licenses to transfer. (some personal effects will be excluded including the roof canopy)

All mains services are connected to the property to include mains gas, electricity, water and drainage, These services have not been tested by the agent.