Exceptional Waterfront Restaurant with Accommodation For Sale
Honiton, EX14 3ER
Asking Price
POA
Leasehold Price
£115,000
Tenure
Rent
Description
Leasehold, with a guide price of £115,000 to include fixtures, fittings and goodwill, stock at valuation in addition.
We have been informed the restaurant and accommodation is held on a 21-year full repair and insuring lease obligation which commenced in December 2016, and is due to expire in December 2038. The annual rental for Taylors Restaurant and accommodation is £17,050 + VAT with 5-yearly rent reviews.
We have been informed the landlord will request trade and bank references to consider assignment.
Details
- Property Type
- Restaurant