New instruction - Studio Bedrooms Restaurant
£3,333 pcm ( pw) Unfurnished - Fees Apply

South Street, Bishops Stortford, Hertfordshire, CM23

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Summary


Studio Bedrooms 1 Bathrooms 0 Receptions 0.00 sqm / 0 sqft Property ID: 1436

    Description


    Prominently located town centre fully operating restaurant
    Ground floor area approximately 100 sq m .
    Currently trading as a 70 cover Oriental restaurant and takeaway,weekly taking around £12000/week.
    Self contained 4 bedrooms flat  living accommodation above the restaurant,the the same owner over 40 years,now the owner likes to retire,to sell 15 years new lease with rent £40,000 a year.
    Business rate is about £13,500 per year
    Established business within the area with scope to change the style
    Would suit a variety of alternative uses subject to planning consent

    PREMIUM £120,000  + STOCK AT VALUATION


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    Richard Huang

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