Call the team on 020 7625 9007 for more information
A Well Located Freehold Restaurant/Wine Bar Investment Producing £12,000 per annum with Two Self-Contained Flats Above (2 x One Bed). The Second Floor Flat is Let to a Sitting Tenant Producing £2,184 per annum. The First Floor Flat is Vacant.
The property comprises a substantial mid terrace three storey building arranged as a popular ground floor wine bar and restaurant (t/a The Penny Lane) with two self-contained flats at first and second floor levels. The wine bar has been recently refurbished by the tenants.
Tenure
Freehold
Location
The property is situated on the famous Penny Lane at its junction with Elm Hall Drive. The open spaces of Penny Lane Millenium Green are a short walk away. Transport links are provided by Mossley Hill rail station.
VAT
VAT is not applicable
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.