This property is no longer on the market
4 bedroom ground floor maisonette
Key information
Discover more informationProperty description & features
- Restaurant with Class E Useage and Alcohol licence
- Four bedroom flat above (which could be sub-let)
- Formerly run as Indian Restaurant and takeaway
- Fitted Commercial kitchen
- Cellar for storage
- Restaurant with seating for 54
Recently refurbished restaurant with Class E useage in prime village location available with first floor four bedroom with tenants in situ providing a monthly income of £1,750. Redbourn is close to both Harpenden and the historic City of St Albans.
Description:
This excellent business opportunity is located in Redbourn High Street, a popular and thriving village within easy reach of both Harpenden and St Albans.
The restaurant has an alcohol licence and has recently been refurbished with seating for 54. The accommodation includes a reception/waiting room; restaurant area with bar; fully fitted commercial kitchen; large cellar (used for storage); two WC's and a garden area with further storage.
On the first floor is a four bedroom flat with lounge area, kitchen and refurbished bathroom. The flat is currently let out at a rental of £1,750 pcm providing a regular income.
The property and flat are both included in the 20 year lease. NB. The freeholder will not sell or let them separately - they must be acquired together.
The premium for the business is £75,000 and the annual rent for both the restaurant and flat is £42,000 (£3,500 pcm).
Location:
Located in Redbourn High Street and close to amenities. Redbourn is a popular village and is very accessible to excellent transport links with the M1 and M25 motorway and Luton Airport close by and fast rail links into London from nearby Harpenden and St.Albans.Located in Redbourn High Street and close to amenities. Redbourn is a popular village and is very accessible to excellent transport links with the M1 and M25 motorway and Luton Airport close by and fast rail links into London from nearby Harpenden and St.Albans.
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