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Freehold Tenanted Investment Opportunity In Abingdon For Sale

Abingdon, Oxfordshire, UK
Asking Price:
£790,000
Turnover:
£34,800
Net Profit:
Available on request

Freehold Tenanted Investment Opportunity, Abingdon-on-Thames, Oxfordshire. Substantial detached property occupying a prominent position on busy main road leading to town centre. Comprising a long established Class A5 Chinese hot food take-away with self-contained first floor staff/owners accommodation let @ £34,800 per annum. Tenant’s business unaffected. Freehold. -.-.-.-. £790,000. Ref: GC8085

Key features:
- Prominent trading location on busy main road, within a historic and popular South Oxfordshire Thames-Side town.
- Two storey detached property.
- Trading as tenanted fast food chinese take-away business.
- Ground floor takeaway area 318ft², servery 62ft², office 44ft², stockroom 218ft², commercial kitchen 637ft², wash up area 47ft² and stockroom two 111ft²
- First floor (not inspected) Self contained living accommodation - occupied by staff. 3 x double rooms, 2 x single rooms and bathroom.
- Premises held on lease for a period of 10 years from 18th May 2019, rent £34,800 -.-.-.

Property Information

Property:

Freehold

Lease Terms:

Freehold, subject to the following lease:
Fully repairing and insuring lease for a period of 10 years from 18th May 2019, subject to rent reviews every 5 years. Current rent £34,800 per annum, exclusive of rates.

Living Accommodation:

3 x Double rooms

2 x single rooms

Bathroom

Location:

Prominent trading location on a busy main road.

Premises Details:

On the Ground FloorTAKE-AWAY 24’4” x 13’ (318 ft.²).  Single entrance door. Double fronted glazed windows. Ceramic tiled floor. Inset ceiling mounted spotlighting. Fully tiled walls.Door leading to servery and kitchen.SERVERY 9’8” x 6’5” (62 ft.²). Fitted counter with shelving under. Ceramic tiled floor. Inset ceiling mounted spotlighting. Fully tiled walls.OFFICE 6’7” x 6’7” (44 ft.²).STOCKROOM 24’3” 6’11” + 7’2” x 7’2” (218 ft.²). Ceramic tiled floor. Inset ceiling mounted spotlighting. Fully tiled walls. Built in cupboard. Plumbed for washing machine.Door to:KITCHEN 27’6” x 19’2” + 13’8” x 7’11” (637 ft.²). Thermoplastic flooring. Part tiled walls and part plastic cladding. Metal splash backs to cooking areas. Ceiling mounted florescent lighting on the diffusers. Stainless steel extraction system over cooking area. Single bowl single drainer stainless steel sink unit.TOILET low level WC. Circular hand wash basin.Under stairs cupboard.WASH UP AREA 9’2” x 5’1” (47 ft.²). Tiled floor. Plastic cladding to walls. Ceiling mounted florescent lighting. Skylight. Twin bowl single drainer stainless steel sink unit. Partitioned area 2’4” x 2’2” with hot water tankSide access door giving access to staircase leading to first floor living accommodation. (Not inspected)On the First Floor3 x DOUBLE ROOMS.2 x SINGLE ROOMS.BATHROOM. Panelled bath. Mains operated shower. Low level WC. Wash basin.

Size in square feet:
2,992

Business Operation

Years established:
4