Mixed use for sale
Key information
Features and description
- Mixed use investment
- Restaurant with 3 bedroom flat above
- Tenanted on a 20 year lease from 2019
- Rental income of £25,000 per annum
- Guide price: £230,000 to £250,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 25th March 2026
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25th MARCH 2026 AT 10:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A prime mixed use investment with a strong yield
Situated in the heart of this prosperous market town just off the A14 is this mixed use investment opportunity comprising a popular 52 cover restaurant and a 2 storey, 3 bedroom flat above with independent access.
The property has been let on a 20 year lease from May 2019 at a current rent of £25,000 per annum which represents a healthy 10.9% return based on the low end of the Guide Price.
We see this as a solid opportunity for the discerning investor.
Viewing Strictly by appointment with Auction House. [use Contact Agent Button]
Current Rateable Value Current Rateable Value (from 1 April 2023 to present)
£21,000
EPC 108A - D
109 - C
Council Tax Band Flat - B
Tenure: Freehold
EPC Rating: C & D
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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