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Retail / Restaurant Investment, Farnham Road, Slough, SL1 4XP
614 Sq Ft / Leisure / Restaurants / Cafes
Withdrawn - Last updated: 28 October 2021
Rare opportunity to acquire a prominent freehold restaurant investment. The flat above has been sold off on a long lease.
Location
Located on the busy A355 Farnham Road.
Accommodation
Ground floor approx. 57 sq m (613.5 sq ft)
Terms
Available freehold subject to existing tenancies at £360,000 exclusive.
SHOP PREMISES: 2 year lease from 2nd August 2020 to 1st August 2022 subject to a mutual break option operable on the serving of six months written notice to expire on the first anniversary.
The passing rent is £16,200 pax with a review provision on the first anniversary
FLAT ABOVE: Sold off on a long lease. 99 years from 29th September 1986. Ground rent £60 pa rising to £150 pa
BUSINESS RATES
The rating authority is Slough Borough council.
Please make enquiries on 01753 772220
RV - £17,500 (April 2017)
EPC asset rating
SHOP D 84
LEGAL COSTS
Each party to bear their own legal costs in this matter.
VAT
All figures are quoted exclusive of VAT (if/where applicable)
Specification
- Freehold retail investment.
- Lapsed planning for rear extension.
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