* Mixed Use Freehold Investment For Sale
* Restaurant & Medical Use
* Located in Marlow Town Centre
* Producing £60, 960 per annum
The premises comprise a two storey building, providing a restaurant to the
ground floor and basement, with a self - contained dental practice to the first
floor. The ground floor provides a dining area to the front, with kitchen and
ancillary accommodation to the rear. The dental practice has been fitted out
to a high standard by the current tenant and includes a kitchenette and WC
facilities. There is car parking for the use of the dental practice to the
rear of the premises which is accessed via Liston Road. This provides a total
of four car parking spaces parked nose to tail.
A public car park exists on the opposite side of Chapel Street, accessed from
Dean Street, with a further car park to the rear accessed via Liston Road.
**Investment summary
**
The property is currently fully occupied, the ground floor and basement
accommodation is let to Gazania Restaurants Ltd for a term of 15 years from
25th March 2022 at a rent of £42, 500 per annum, expiring on 25th March 2037.
The lease is full repairing and insuring and there is an outstanding rent
review effective 25th March 2022 and there are four yearly upward only rent
reviews.
The first floor is let to a dental practice for a term of 20 years from 9th
April 2010. The rent review dated April 2022 was agreed recently at an
increase in rent to £18, 460 per annum.

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