High Street, Maldon, Essex, CM9
£495,000

Guide price

DESCRIPTION:

Located on Maldon's High Street and comprising an elegant ground floor 42 cover Restaurant in approx. 680 sq.ft. overall together with a self-contained 2 bedroom flat over two floors above. We believe all parts could be let & produce a rental income of approx. £37,000pa representing a 7.5% yield.

The Property A delightful grade II* listed building in the High Street of this Historic Town. Ground Floor in a total of approx. 680 sq.ft. including a commercial kitchen & ladies & gents WC's. We believe these parts are capable of being let at a rent of around £25,000pa.

Features Grade II* Listed Building

In High Street Location

2 Bedroom Flat Above

Suit Many Cuisines

Rear Parking

Genuine Retirement Sale

Externally Fenced/gated rear yard/garden space with vehicular access & providing concreted parking for 2 cars, space for refuse and access to the residential parts above.

Upper Parts Over 1st and 2nd floors and totalling some 800 sq.ft. First Floor: Kitchen, lounge, bedroom, bathroom/WC. Second Floor: Bedroom, loft room/store & secondary kitchen. We believe these parts could be let & produce a rental income of circa £12,000pa including 1 parking space.

Tenure Freehold.

Business Rates The most recent rating assessment shows an adopted value of £5,500.

Premises Licence Should the purchaser so require it, the vendor is prepared to assist in the transfer of the Premises Licence.

Fixtures & Fittings The asking price includes a full complement of trade fixtures, fittings and equipment.

Legal Fees Each party is to be responsible for their own legal fees.

Viewing All arrangements to view are via Gerard Biagioni on 01702 311 037. Email: gerard@dedmangray.co.uk

01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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