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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.
About the Agent
Stimpsons Eves
See Agent's Other PropertiesInvestment Unit
£470,000 Freehold
8-9 Rose Court, Olney, MK46 4BY
Investment -
Available
2,753 sq ft
256 sqm
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