Tenanted Restaurant Investment Producing £48,000pa
Substantial and established restaurant premises extending to approximately 674.7m2 / 7,262 sqft (according to VOA) over two floors. The property was originally 5 adjoining properties which have been combined and currently trade as Punjab Grill & Sweet House. We are informed by the vendor that the tenants occupy by way of a 7 year lease with approximately 4 years remaining at a rental of £48,000 per annum, a copy of the lease will be included within the legal pack. The property is prominently situated fronting Listerhills Road at the junction of Morpeth Street approximately ½ mile west of Bradford City Centre.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating TBC
Bradford Metropolitan District Council
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% 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.