£150,000
(£182.93/sq. ft)
Restaurant for saleBank Street, Braintree CM7
820 sq. ft
About this property
11% yield
Close to Local Amenities
Town Centre Location
Retail
E-Class
Commercial Property Investment
Currently Let At £17,000 Per Annum Plus VAT
31 Year Remaining of 99
Total rental income £17,000 pa
Commercial property investment 11% yield
price £150,000 virtual freehold
location bank street, braintree essex
ref I0028E
commercial property investment virtual freehold retuning an 11% yield occupying an exceptional trading position in the affluent area of braintree in the town centre and located close to car parks. The property has undergone A major refurbishment and comes to market exceptionally well presented with a long-term experienced operator. The property itself has a long history of catering use and would also suit retail use which we believe this minimises the risk of an untenanted property. Total rental income £17,000 plus VAT. Measuring approximately 820 Sq. Ft. The premises benefits include external seating, large trading area, and A good-sized rear store. The premises are held on a long leasehold of 99 years with approximately 31 years remaining paying a ground rent of £300 per annum. The premises are currently let at £17,000 per annum plus VAT.
price £150,000 virtual freehold
location bank street, braintree essex
ref I0028E
commercial property investment virtual freehold retuning an 11% yield occupying an exceptional trading position in the affluent area of braintree in the town centre and located close to car parks. The property has undergone A major refurbishment and comes to market exceptionally well presented with a long-term experienced operator. The property itself has a long history of catering use and would also suit retail use which we believe this minimises the risk of an untenanted property. Total rental income £17,000 plus VAT. Measuring approximately 820 Sq. Ft. The premises benefits include external seating, large trading area, and A good-sized rear store. The premises are held on a long leasehold of 99 years with approximately 31 years remaining paying a ground rent of £300 per annum. The premises are currently let at £17,000 per annum plus VAT.
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Monthly repayment
£750 per month
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