- Investment opportunity
- Situated on Porthcawl Seafront
- Occupied by the Boathouse Fish Bar & Restaurant
- 15 yr lease with 7 yrs remaining
Not Specified for sale in Porthcawl
1
The property comprises a two-storey retail shop and premises situated in the prime retailing location on Porthcawl promenade.
The property is currently occupied by the Boathouse Fish Bar & Restaurant on a 15 year lease from and including 2018, with 7 years remaining on the lease. The tenant has a rolling break option.
The property is let on a Internal repairing lease, contracted outside the provisions of the Landlord and Tenant Act 1954. The current rent is £10,500 per annum. The tenant also occupies 36 Esplanade (to the right of the subject - the garage); however, this is not included in the sale.
Internally, the property has recently been refurbished to a high specification and is fitted out to an upmarket fish and chip restaurant. The fish bar is located to the front of the property with customer seating, with additional seating provided on the upper floor.
Externally, the property is built to a traditional standard of construction with masonry elevations under a slate tiled pitched roof.
Important Information
- This is a Freehold property.
Property Ref: EAXML13503_12818501
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