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Hébergement
La propriété a été mesurée par BKR Floorplans et offre les logements suivants :
| Ground Floor net Internal area | 1,667 sq ft | 154.86 sq m |
A set of floor plans is available to download, and the measured survey report will be re-addressed to a purchaser at a cost of £440 + VAT.
CPE
The property has an EPC rating of C, valid until 11 August 2032.
Valeur imposable
According to the valuation office website, the rateable value for the property is £20,000.
Le multiplicateur des tarifs professionnels est de 49,9 pence.
Mandat
Pleine propriété.
Location
The property is let to Syed Amir Ali, trading as Alishaan By The Sea, on a full repairing and insuring lease for a term of 20 years from 10e September 2013, expiring on 9e September 2033 (approximately 8 years unexpired).
Le loyer de passage actuel est 20 000 £ par an. The lease benefits from an upwards only open market rent review on 10e September 2028.
Engagement
Alishaan By The Sea is a family-owned Indian restaurant in Sunderland. The restaurant is highly rated previously having won a Trip Advisors Travellers Choice Award in 2024, it also has 1300+ five star reviews on Just Eat. For further information see alishaan-bythesea.co.uk.
T.V.A.
This property has been registered for VAT. It is anticipated that the sale will be treated as a transfer of a Going Concern (TOGC).
Proposition
Nous sommes chargés de rechercher des offres dans la région de £196,000 (One Hundred and Ninety Six Thousand Pounds), subject to contract
Un achat au prix demandé reflète un rendement initial net attractif de 10% (allowing for purchaser’s costs at 2.82%).
Please note that a purchaser will be re-charged the costs of the measured survey (£440 +VAT) and searches (£1,251.50 inc VAT) which are provided in the data room.
Considérations d'investissement
Opportunity to acquire a freehold retail/restaurant investment;
Loué à un locataire établi ;
Attractive unexpired lease term;
Situated in an affluent suburb of Sunderland;
A purchase at the asking price represents an attractive net initial yield;
Attractive lot size for investors.
Clause de non-responsabilité
Fixed Charge Receivers Andrew Pear and Milan Vuceljic by the powers given by the Mortgage and all other powers given by statute or otherwise who act as agents for the Company and without personal liability. Both Fixed Charge Receivers are licenced by the Insolvency Practitioners Association and are bound by the Insolvency Code of Ethics.
Services financiers Singer Vielle
Contactez notre équipe si vous recherchez une dette senior, un financement relais ou un financement de développement.
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