FOR SALE (FREEHOLD) MALDON ESSEX, ITALIAN RESTAURANT IN GRADE II* LISTED BUILDING

Property 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 01702 311 037. Email: gerard@dedmangray.co.uk