Restaurant
Features and description
- For sale by live stream auction on tuesday 11 th july 2023 at 12 pm
- Guide price £165,000+
- Tenanted restuarant
- EPC RATING: C
*GUIDE PRICE £165,000+
This former Co Op premises is now let and trading as the Pink Pepper Indian Restaurant producing an impressive rental income of £20,000 per annum. The 9 year lease was granted in 2021 with tenant only break clauses in 2024 and 2027.
The property itself total 3,530 sq ft (327.95 sq m) and comprises restaurant area, kitchen, toilets and store rooms. Externally there is parking to the front with a loading area to the rear.
The property is prominently located on the A646 Burnley Road close to the centre of Mytholmroyd in West Yorkshire between Halifax and Todmorden.
Please note – We have been advised that VAT will be payable on the purchase price.
THERE WILL BE NO ACCESS BETWEEN EXCHANGE AND COMPLETION.
Rooms
ADDITIONAL INFORMATION
Tenure
Disclaimer
Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure
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