Grade II Listed Restaurant with Seven Flats, 20-Year Lease in Chalfont St Peter
Chalfont St Peter, Buckinghamshire
- Status
FOR SALE
- Date Submitted:
07/03/24
- Advert ID
607879
- Reference
CHALFONT_FREEHOLD / Rightbiz
- Call Agent:
- Freehold: £2,600,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- With Car Park
- Fully Fitted
- Established Business
- Prime Location
Business Details
Freehold Prime Commercial Investment Opportunity in Chalfont St Peter
FREEHOLD – INVESTMENT ONLY
Prime Commercial Investment Opportunity in Chalfont St Peter, Gerrards Cross SL9 9QL
MAIN FEATURES
- Freehold Restaurant & Upper in Chalfont St. Peter, Buckinghamshire
- Seven (07) Self-Contained Studio Flats on the First Floor
- Fully Let on a 20 Years Lease from 2021 (Inside the LTA 1954)
- Initial Rent: £160,000 per annum to be reviewed every 5 years
- Gross Yield: 6.15%
- Next Rent Review: April 2026
- Grade II Listed Property
- Substantial Restaurant Property with onsite Car Park
THE PROPERTY
- Grade II Listed Building
- Ground Floor: Circa 3,378 Sq. Ft Restaurant & Bar
- Ground Floor Restaurant fully refurbished in 2022 to a premium standard
- Large Rear Extension
- On Site Car Park for up to 7-8 cars
- Seven (07) Self-Contained Studio Flats on the first floor fully furnished on 2017
- Price: £2.6 million plus VAT
THE TENANCY
- The property is fully let to a reputable Turkish restaurant trading as Yaprak on a 20 years lease from April 2021 with a personal guarantee.
- Initial Rent of £160,000 pax to be reviewed every 5 years, with the next rent review due in April 2026.
- Substantial investment made by the current tenant to improve and maintain the restaurant
- Tenant’s Restaurant Website: https://yaprakchalfontstpeter.co.uk/
THE LOCATION
- Chalfont St Peter, Buckinghamshire
- 20 miles from Central London
- Close proximity to Heathrow Airport and the motorway network (M25, M40, M1 and M4).
- Renowned for its prosperous community and high standard of living.
- Considered as Buckinghamshire’s most affluent and thriving areas.
- Easy Access to Central London & Heathrow
VIEWINGS & CONFIDENTIALITY
Strictly through SOLE AGENT Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
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Particulars / More Information
Listing Statistics
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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