No longer on the market
This property is no longer on the market
MapShop
Let agreed
Shop
Letting details
- Let agreed
Features and description
- Lease terms negotiable
- New minimum five year lease is required at an initial rent of £25,000 pa
- Available for immediate occupation subject to the completion of the lease
- All other terms are negotiable
ESTABLISHED RESTAURANT PREMISES LOCATED IN THE HISTORIC OLD LAW CHAMBERS DIRECTLY ACCESSED VIA A QUAINT PASSAGEWAY OFF OLNEY'S BUSY HIGH STREET. THE PREMISES HAVE, FOR THE LAST 30 YEARS, SUCCESSFULLY TRADED AS THE OLD SHANGHAI CHINESE RESTAURANT AND HAS RECENTLY CLOSED DUE TO THE OWNER'S RETIREMENT. IN ADDITION TO THE SUBSTANTIAL RESTAURANT THE PREMISES HAVE RECENTLY BENEFITED FROM LICENSING TO SELL ALCOHOL AND A HOT FOOD TAKEAWAY SERVICE. THE BUILDING HAS A RUSTIC CHARM AND DISPLAYS A WEALTH OF CHARACTER, IN TOTAL PROVIDING APPROX 1800 SQ FT. COMPRISING A RESTAURANT AND BAR AREA OF APPROX 1250 SQ FT, A KITCHEN 240 SQ FT AND A STOREROOM 280 SQ FT. IN ADDITION, THERE ARE LADIES' AND GENTS' WC FACILITIES AND AN EXTERNAL BLOCK-PAVED SOUTH FACING TERRACE WHICH COULD BE USED SUBJECT TO OBTAINING THE NECESSARY CONSENTS. THE PREMISES ARE HEATED VIA GAS FIRED RADIATORS AND THERE IS A SMALL COURTYARD TO THE REAR.
Rooms
LEASE TERMS
LEASE TERMS NEGOTIABLE
A new minimum five-year lease is required at an initial rent of £25,000.00 per annum.
The premises are available for immediate occupation, subject to the completion of the lease. All other terms are negotiable.
Property information from this agent
About this agent
Stephen Oakley & Co are an established independent estate agency, providing a professional service for selling all types of property from a one bedroom apartment to a substantial country home. In addition they have a rental department specialising in the letting and management of residential properties. They have a commercial department, dealing with the disposal and leasing of shops and offices. The Professional Agent The only fully licenced agent by the NAEA & ARLA in Olney. A fully bonded member firm of The National Association of Estate Agents (NAEA) and a participating member of the NAEA Client Money Protection Scheme in respect of lettings and management, licensed by ARLA for residential lettings and management. Stephen Oakey & Co are members of the Property Ombudsman, also members of the Olney Chamber of Trade. In addition, Stephen Oakley & Co are members of Home Link, the NAEA Nationwide Referral Service. If you have a property to sell or let or are in the market to buy or rent a property you will be in safe hands with Stephen Oakley & Co. Stephen Oakley, the proprietor, is a Fellow of the National Association of Estate Agents (FNAEA) and has over thirty years of experience working and residing within the local property market. During this time, he has gained an in depth knowledge and has seen many changing markets. Committed to excellence, Stephen leads his accomplished team from the front line and is involved in the everyday running of the business. The company trades from an attractive double fronted period building, which commands a prominent High Street position and we have added a new Window Display which features high-tech state of the art monitors with LED light pockets, within the busy market town of Olney, near Milton Keynes. For a location map and direction to our offices please head to our site. The company also has an associated office in Central London at Cashel House in Mayfair.