• Freehold mid-terrace building.
• Occupying a prime location with bar and self-contained office suites above.
• Comprising 1,001 sq ft.
• Busy local parade.
• Historic town centre position.
• Producing £23,000 per annum from the bar premises.
Tenancy:
• The ground and lower ground floors are let to TK Number 5 Limited on a 10 year lease from 22nd December 2014 expiring 21st December 2024. The current passing rent is £23,000 per annum.
• The ground and lower ground floors are subject to a NEW lease to TK Number 5 Limited for a term of 10 years at a rent of £23,000 per annum. Terms to be signed imminently.
• The first and second floor office suite is offered with vacant possession.
Proposal:
Guide Price £400,000, subject to contract and exclusive of VAT.
