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Mill Street, Oakham, Rutland, LE15


Price £20,000

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Overview

Commercial Property for sale in Mill Street, Oakham, Rutland, LE15

This property has been removed by the agent. It may now have been sold or temporarily taken off the market.

A rare opportunity to purchase an existing leasehold Sandwich Bar and outside Catering business situated in the centre of the popular Rutland market town of Oakham. The property is leasehold and the Tenant is either looking to assign the existing lease or the Landlord would be prepared to enter into a new lease, subject to agreeing satisfactory new terms.
Accommodation briefly comprises:
Seating / Retail area with good window display.
Kitchen / Food Preparation area.
Washing / Secondary Kitchen area to the rear
W.C. and small store

DESCRIPTION

A rare opportunity to purchase an existing leasehold Sandwich Bar and outside Catering business situated in the centre of the popular Rutland market town of Oakham. The property is leasehold and the Tenant is either looking to assign the existing lease or the Landlord would be prepared to enter into a new lease, subject to agreeing satisfactory new terms.
Accommodation briefly comprises:
Seating / Retail area with good window display.
Kitchen / Food Preparation area.
Washing / Secondary Kitchen area to the rear
W.C. and small store
The current lease on the property is held up until March 2012, and there is an option of either entering into a... Read more

Key Info

  • Business For Sale
  • Sandwich Bar Business
  • Town Centre Location
  • Leasehold For Sale
  • Retail / Seating Area
  • 2 Kitchen Areas, W.C.
  • Good Window Display
  • Rental : £8,000 + Vat Pa.

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Amount Borrowed: £200,000
Term: 25 years
Interest rate: 3.5%
Total Monthly Payment:
£1,001.25
Total amount repayable:
£300,374
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