*Guide | £450,000 - £500,000 (plus fees)
- Mixed Use
- Tenure: Freehold
Call the team on 01603 505 100 for more information
Valuable commercial investment producing £52,000 pa
Long established Beatles themed restaurant and bar (Sgt Peppers) with managers flat and two self contained apartments currently let on a long lease producing £52,000 pa. Tenancy 20 years from Oct 2022, full repairing and insuring lease. The business has been trading for over 42 years and is in a High profile town centre location near to other established businesses pubs and restaurants.
Tenure
Freehold
Accommodation
Ground Floor: Bar and restaurant with kitchen, preparation room and ladies toilets. Basement: Bar with additional seating First Floor: Two bedroom managers flat. Gents toilets Second Floor: 2 self contained flats approached from side access.
Business Rates
1 April 2023 to present: £8,200
Council Tax Band
A
Energy Efficiency Rating (EPC)
Current Rating Please refer to legal pack
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Suffolk Coastal District Council
Solicitors
Norton Peskett (Great Yarmouth), Ref: Matthew Breeze, Tel: 01493 849225
Offered in association with
Steel and Co
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
