Commercial property for sale in Rose Court, Olney, Buckinghamshire MK46, £470,000
470,000.00
Offer Nr.:
66419552
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Stimpsons Eves
Phone(s):
01908 942493
Email:
* Freehold
* Long leasehold Investment for sale
* Rental income
Long Leasehold Investment premises for sale, comprising of ground floor
restaurant, with outside courtyardseating 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 longleasehold 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 CourtyardBrasserie. 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 therental
income equates to £32, 000 per annum.
* Long leasehold Investment for sale
* Rental income
Long Leasehold Investment premises for sale, comprising of ground floor
restaurant, with outside courtyard
first floor there is a kitchen and storage, with offices to the second floor.
There is 175 years remaining on the long
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
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
income equates to £32, 000 per annum.
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