| BUSINESS DETAILS: | The purchase price includes two commercial units with restaurant / take away use, one of which is currently arranged as a Greek Restaurant. In addition to this, there are 5 self contained flats. A central location on the east side of Waterloo Square, Bognor Regis. The accommodation comprises:
2 Waterloo Square - Measuring 1,314 sq ft (122m2) the accommodation currently comprising, main restaurant, kitchen, and stores. 4 Waterloo Square - Measuring 2,496 sq ft (231m2) offering potential for various types of businesses and currently comprising, main restaurant area, former take away area, food preparation area, private office, stores, male and female WC's. Flats: 2 x 1 bedroom and 3 x 2 bedroom flats currently let on Assured Shorthold Tenancies producing an income of �34,080 per annum. Price: �400,000.00 for the long leasehold interest. Total annual rent payable of �14,125 per annum. |
