£415,000

Restaurant for sale

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Freehold

£415,000

(£610.29/sq. ft)

Restaurant for sale

High Street, Maldon, Essex CM9

680 sq. ft

Local area information

Property location

Nearby amenities

  • Maldon Primary School 0.1 miles
  • Plume School 0.3 miles
  • Hatfield Peverel 5.2 miles
  • North Fambridge 5.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Maldon to find out more about the local area.

Features and description

  • Freehold
  • Lic'd Prem & Café (A3&A4)
  • 680 Approx Sq Ft
  • Freehold
Description:
Located on Maldon's High Street and comprising an elegant ground floor 42 cover Restaurant in approx. 680 sq.ft. Overall together with a self-contained 2 bedroom flat over two floors above. We believe all parts could be let & produce a rental income of approx. £37,000pa representing a 7.5% yield.

The Property

A delightful grade II* listed building in the High Street of this Historic Town. Ground Floor in a total of approx. 680 sq.ft. Including a commercial kitchen & ladies & gents WC's. We believe these parts are capable of being let at a rent of around £25,000pa.

Features

Grade II* Listed Building
In High Street Location
2 Bedroom Flat Above
Suit Many Cuisines
Rear Parking
Genuine Retirement Sale

Externally

Fenced/gated rear yard/garden space with vehicular access & providing concreted parking for 2 cars, space for refuse and access to the residential parts above.

Upper Parts

Over 1st and 2nd floors and totalling some 800 sq.ft. First Floor: Kitchen, lounge, bedroom, bathroom/WC. Second Floor: Bedroom, loft room/store & secondary kitchen. We believe these parts could be let & produce a rental income of circa £12,000pa including 1 parking space.

Tenure

Freehold.

Business Rates

The most recent rating assessment shows an adopted value of £5,500.

Premises Licence

Should the purchaser so require it, the vendor is prepared to assist in the transfer of the Premises Licence.

Fixtures & Fittings

The asking price includes a full complement of trade fixtures, fittings and equipment.

Legal Fees

Each party is to be responsible for their own legal fees.

Viewing

All arrangements to view are via Gerard Biagioni on . Email:

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Dedman Gray Property Consultants Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dedman Gray Property Consultants Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Maldon
  5. High Street
  6. Baker Mews