Property Information
Address:
8-9 Rose Court, Olney, Buckinghamshire
, MK46 4BY
, Buckinghamshire
, United Kingdom
Price: Sale Price: £470,000
Size: 2753 sq ft256 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH684005
Property Ref/Agent: 935
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: April 26, 2024
Property description
Long Leasehold Investment premises for sale, comprising of ground floor restaurant, with outside courtyard seating area and w.c. facilities.
To the first floor there is a kitchen and storage, with offices to the second floor.
There is 175 years remaining on the long leasehold interest.
The property is currently let on a 20 year lease, subject to 5 yearly reviews at a rental of £35,000 per annum and trading as The Courtyard Brasserie.
The head lessee is required under the head-lease to pay Abbey Mill Homes a sum of £3,000 per annum for the use of the external areas, so effectively the rental income equates to £32,000 per annum.
Long leasehold Investment for sale
Rental income
;