Investment Opportunity in a Beach Front Location

Key Features

• Commercial mixed use investment opportunity
• Ground floor restaurant premises on a new 10 year lease at commencing annual rent of £14,400.00
• Three self contained upper floor apartments
• Beach front location
• Freehold subject to existing tenancies
• Flat 1 - 2 beds, currently vacant - Estimated annual rent £7,200.00
• Flat 2 - 1 bed, currently let - Annual rent of £5,980.00
• Flat 3 - 1 bed, currently let - Annual rent of £4,316.00

Summary

A freehold mixed use investment opportunity comprising ground floor restaurant premises with three upper floor self contained apartments. The ground floor is subject to a a new 10 year lease. The property is being offered for sale subject to all existing tenancies.

Primary Schools

• Clothworkers

Secondary Schools

• Queen Elizabeth ll

Further Information

Tenure Freehold subject to existing tenancies

Rates Payable Gross Ground Floor - £879.02 Flat 1 - £804.16 Flat 2 - £559.36 Flat 3 - £501.92

Heating - Flat 1 Gas and flat 2 and 3 are electric

Windows - Double and single glazed