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Restaurant to rent

Whitley Street, Reading

£20,000 pa| £1,667 pcm

Property Description

Letting information:

Furnishing: Unfurnished

Full description

—-LOCATION—-
Adams Commercial are pleased to offer this very well established Indian restaurant/take away.
The property is located in a very prominent position on Whitley Street, only a short walk from Reading`s town centre, railway station and main shopping mall The Oracle. The property is situated between a mixed parade of shops, restaurants, commercial and residential premises.

—-DESCRIPTION—-
The property is in very good order throughout and is running as a successful Indian Restaurant and has done so for many years. This well presented property offers a bar area, large front of house, separate male female W.C, office, fully fitted kitchen and storage areas.

Along with the restaurant its self, the property also offers residential accommodation above. This large living area consists of; 5 bedrooms, a shared kitchen and bathroom with separate W.C. facilities. We believe with the current market, this flat has the potential to generate a rental income of £1500 per month.

—-TERMS—-
The property is available by the sale of an existing lease.

—-RENT—-
Rent is £20,000 per annum

—-PREMIUM—-
£85,000 to include the secure lease, goodwill and fixtures and fittings.

Interested parties should make their own enquiries to the local authority to verify business rates and any relief that may be applied.

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