£199,950
Property for saleInvestment Property BD1, West Yorkshire
Business
Freehold
About this property
Traded as a fish and chips restaurant and takeaway for many years
Current tenant in occupation for circa 18 years
Annual rental income £19,950
Representing a superb 9.98% annual rental yield
10 year Fri lease from September 2021
Investment property in Bradford for Sale.
Rare opportunity to acquire this city centre, freehold, investment property which has traded as a fish and chips restaurant and takeaway for many years and is let to a tenant who has been in occupation for circa 18 years on a 10 year lease from September 2021 on a fully repairing and insuring basis. The property has been in the same ownership for many years and is even now, only offered for sale for estate planning purposes. Annual rental income £19,950, representing a superb 9.98% annual rental yield.
The property occupies a prime location in the heart of Bradford city centre with plenty of development work in the planning stage nearby and briefly comprise well-appointed out sales with air conditioned, 27 cover ground floor restaurant dining area beyond, ladies and gents toilets. Spacious basement preparation facilities with dumb waiter to the frying and restaurant areas. First floor offers a second restaurant dining area which is used as storage by the tenant but which has previously accommodated a further 30 diners, currently unused commercial kitchen with dumb waiter. Second floor, unused office / storage with WC off. EPC Band C.
Rare opportunity to acquire this city centre, freehold, investment property which has traded as a fish and chips restaurant and takeaway for many years and is let to a tenant who has been in occupation for circa 18 years on a 10 year lease from September 2021 on a fully repairing and insuring basis. The property has been in the same ownership for many years and is even now, only offered for sale for estate planning purposes. Annual rental income £19,950, representing a superb 9.98% annual rental yield.
The property occupies a prime location in the heart of Bradford city centre with plenty of development work in the planning stage nearby and briefly comprise well-appointed out sales with air conditioned, 27 cover ground floor restaurant dining area beyond, ladies and gents toilets. Spacious basement preparation facilities with dumb waiter to the frying and restaurant areas. First floor offers a second restaurant dining area which is used as storage by the tenant but which has previously accommodated a further 30 diners, currently unused commercial kitchen with dumb waiter. Second floor, unused office / storage with WC off. EPC Band C.
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