Floor | Accommodation | Size | Tenancy | Rent (£pa) |
Ground | Restaurant/Ancillary | 177.27 sq m (1,907 sq ft) | Let to Sweetcorn Ltd t/a New Wok's Cooking for a term of 10 years from 25/08/2023 (1) | £52,000 (2) |
First Second | Two bedrooms, living room, kitchen, two bathrooms, WC Two bedrooms, storage | 78.83 sq m (848 sq ft) 43.73 sq m (471 sq ft) | ASTs (2) | £13,000 |
299.83 sq m (3,226 sq ft) | £65,000 |
(1) There is a tenant's break clause at the end of the third year, subject to 6 months' prior notice.
(2) There is a rent review at the end of the fifth year
(3) We understand that the rooms are let out individually but the Receivers and Auctioneers have only had sight of information relating to the occupation of two of the rooms and are not aware of the tenancy status of the remaining rooms (refer to legal pack).
(4) Neither the Receivers nor the Auctioneers have inspected the property internally and information has been obtained from a previous valuation report. All floor areas are Gross Internal and have been obtained from planning application drawings.