Call the team on 0845 400 9900 for more information
A commercial investment property let as a well appointed restaurant generating an income of £18,000 per annum.
***STILL AVAILABLE CONTACT US FOR FURTHER DETAILS*** This commercial investment property comprises a double fronted retail unit which has been remodelled and extended at ground floor to provide a well appointed restaurant with approx 50 covers and first floor ancillary accommodation. The property is let on lease until 2029 at a current rent of £18,000 per annum.
Tenure
The property is freehold and offered for sale subject to the existing lease,
Situation
Chanterlands Avenue is a busy secondary retail location serving a popular and densely populated part of the city known as The Avenues. It is about 1.5 miles from Hull city centre. Nearby traders include Sainsbury's Local, Heron Foods and Couplands.
Accommodation
Ground Floor: Restaurant & bar, Kitchen, Preparation room, WC facilities including disabled. Separate entrance hall leads to: First Floor: Four rooms, Boiler room & WC Outside: TBC
Lease Details
Commenced February 2017 for 12 years with 3 yearly rent reviews. A copy of the lease is included in the legal pack.
Viewings
By prior arrangement with the auctioneers. Beverley office Tel: 01482 866844.
Joint Agent
Dee Atkinson & Harrison 11 Market Place Beverley HU17 8BB Tel: 01482 866844
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Hull City Council
Solicitors
Devine Law, Suite 2, Stable Court, Hesslewood Country Business Park, Ferriby Road, Hessle HU13 0LH. , Ref: Anthony Hakes, Tel: 01482 212077
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £600 inc VAT (£500 + VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.