A freehold investment comprising a restaurant and a two bedroom flat above with a tenant providing total income of £20,700 pa.
This licenced restaurant located in the high street has a two bedroom flat above and gardens and parking at the rear. The restaurant is 62.73 sq/m (stms) and is currently let on a 15 year lease with an income of £1,125 pcm (£13,500 pa) with the flat providing an income of £600 pcm (£7,200 pa). Downham Market is located off the A10 between Ely and Kings Lynn. The town provides a main line rail link into London Kings Cross and London Liverpool Street.
Restaurant, kitchen, ladies and gents w.c. Entrance hall to the flat above at the rear.
Landing, lounge, kitchen, two bedrooms, shower room
Gardens and parking to rear.
Energy Efficiency Rating (EPC)
Current Rating C, E
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Kings Lynn and West Norfolk Borough Council
Ward Gethin Archer, Market Place, Ely, CB7 4QN, Ref: John Thorogood, Tel: 01353 662203
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.