Home :: Search :: Results :: Detailed View

Petersfield. GU31 4JJ

Commercial Property, Restaurant / Café in Petersfield, Hampshire
[Click to Enlarge Picture]
Property Details
Agent Ref No: H10986
Category: For Sale
Type: Restaurant / Café
Offer Type:
Price: £545,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2012-02-20
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status: Vacant Now
Go Back
Go Back
View Map of Property Location
View Map
Contact the Agent
Contact Agent
E-Mail me a Printable Information Sheet
PDF Preview

B2B Commercial Mortgage Quotes

B2B
  • Up to 80% LTV
  • Rates from 1.5% over base
  • Borrow from £50k - £40m
  • NO BROKER FEE!

Description

Substantial dual freehold A3 restaurant and separate investment income opportunity. Prominent main road town centre position. Would suit various cuisines. Considered suitable for chef proprietor. Owners/staff accommodation at 16-18 Dragon Street. Grade II listed.

LOCATION
Petersfield is an affluent market town situated on the A34 Portsmouth to London road. Midhurst approx. 10 miles. Portsmouth approx. 19 miles. Farnham approx. 22 miles. Basingstoke approx. 25 miles. Chichester approx. 25 miles.

FEATURES
Substantial dual freehold A3 restaurant and separate investment income opportunity. Prominent main road town centre position. Would suit various cuisines. Considered suitable for chef proprietor. Owners/staff accommodation at 16-18 Dragon Street. Grade II listed.

SUMMARY OF ACCOMMODATION
Zen II: Waiting Area. 2 Private Dining Areas. Restaurant (26 covers). Buffet Servery Area. Restaurant 2 (28 covers). Laundry Room. Kitchen. Cellar. 4 Bedroom Staff Accommodation with Bathroom. Owners Suite comprising Living Room, Bedroom (en-suite).

FURTHER INFORMATION
16-18 Dragon Street
Currently trading as Zen II (Far Eastern cuisine), we understand that our client would enter into a sale conditional upon vacant possession of this element if required. If the fixtures and fittings were required by the purchaser, negotiations would need to be undertaken with the current tenant.

14 Dragon Street (Investment)
Currently trading as Malabon Restaurant (Indian cuisine) on the basis of an 18 year full repairing and insuring lease from 1st May 1998 at a current rent of £23,000 per annum, subject to upwards only rent reviews every 3 years.

LICENCES/PERMISSIONS
We are informed that the property holds a Premises Licence granted by East Hampshire District Council. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.

[X]

Large Image View