Property description
Investment property for sale - This freehold restaurant with self contained 4 bedroom living accommodation is offered for sale subject to an existing tenancy. Current rent £12,500 per annum, Lease commencement from 21st June 2011 to 20th June 2018. Rent review 21st June 2016.
An excellent opportunity to acquire an investment property. Restaurant together with living accommodation being situated in the popular village of Ingoldmells.
The property is situated close to the village centre and nearby attractions of Fantasy Island and Butlins.
Tenancy:
The property is offered for sale subject to the existing tenancy which is under lease from 21st June 2011 to 20th June 2018 at a current rent of £12,500 per annum with a rent review on 21st June 2016.
Lease:
A copy of the lease will be available to genuine interested purchasers, following a viewing of the property.
Accommodation:
The property comprises of a restaurant with kitchen and ladies and gents toilets. There is washroom and rear lobby.
Residential Accommodation:
The property has the benefit of centrally heated accommodation to include:
Sitting Room
Dining Room
Kitchen
Bedroom
Shower Room
First Floor Accommodation:
There are 3 further bedrooms.
Outside:
There is an attached store which is used as a cellar together with other ancillary store rooms.
Services:
We understand that mains gas, electricity, water and drainage are connected to the property.
Viewing:
Viewing is strictly by appointment with the Skegness Office at the address shown below. View our properties online at: www.willsons-property.co.uk, www.rightmove.co.uk & www.onthemarket.com