Property Details

Freehold Restaurant & Hmo Investment With Development Potential For Sale Ground Floor Newly Let To Megans Fully Let 1st & 2nd Floor Hmo 2 X 1 Bed Flats Approx 6.5% Net Yield Can Be Sold Separately Location Beaconsfield Lies Close To Junction 2 Of The M40 And Benefits From A Fast Rail Service To London From Its Mainline Station, Very Near To The Property. The Premises Are Located In A Prominent, Central Location In Beaconsfield New Town, Close To Waitrose, In A Parade Which Includes Toni & Guy And Nationwide, And Within A Good Restaurant Pitch. Nearby Leisure Uses Include Beech House (oakman Inns), Koyo (japanese Tapas) And Fego. Description The Property Comprises A Three-storey End Of Terrace Building With Recently Let Ground Floor Restaurant (opening Soon As 'megans') First & Second Floor 7-room Hmo With Separate Access And 2 One-bed Flats. Approximate Areas: Restaurant: 322 M2 (3468 Ft2) Gia Plus Forecourt Of Approx. 1000 Ft2 1st/2nd Floor: 7 Letting Rooms, 2 X 1bed Flats, Approx. 275 M2 (2960 Ft2) Gia Tenancies The Ground Floor Of The Property Is Let To Shakshorizo Ltd, T/a Megans, With A Guarantee From Parent Company, Chelsea Fine Food Ltd On A Lease For A Term Of 25 Years With 5 Yearly Rent Reviews And With Tenant Options To Break At Year 11 And 5 Thereafter Yearly At A Commencing Rent Of £120,000 P.a.x. 1st/2nd Floor Hmo And Flat Lettings Are Short Term Agreements Producing Approximately £92,700 P.a. Which We Are Informed Nets Back To Circa £85,000 P.a. Copy Documentation Available On Request. Epc Tbc. Terms £2,950,000 For The Freehold Interest. Legal Costs Both Parties' Legal Costs To Be Borne By The Purchaser.