£448,000

Property for sale

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Freehold

Offers in region of

£448,000

(£326.29/sq. ft)

Property for sale

High Street, Staines TW18

1,373 sq. ft

Local area information

Property location

Nearby amenities

  • Staines 0.3 miles
  • Staines Preparatory School 0.4 miles
  • Our Lady of the Rosary RC Primary School 0.5 miles
  • Ashford (Surrey) 1.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Staines-Upon-Thames to find out more about the local area.

Features and description

  • Freehold
Key Points

  • High Street position
  • Popular restaurant / takeaway use
  • Long established trading pitch

  • Description

    Trading as a Korean style restaurant, the main restaurant area has approximately 34 covers plus a private dining area. A kitchen and prep room is situated to the rear and beyond this, a store. The property is single storey.

    Location

    The High Street location is within easy walking distance of the station and amongst the many shops and restaurants that make Staines-upon-Thames a dynamic hub. The newest entrant is the local Co-Op store opposite and the oldest established retailer, Lewis & Sons furniture store, is a few doors away. This section of the High Street is the main traffic route from the A30 Crooked Billet gateway entrance to the town, through the centre which is seeing major redevelopment and completion of the new nine storey London Square apartment complex and 14 storey Eden Grove. Further large scale residential conversion and development has also taken place in Fairfield Avenue, a few hundred yards away, highlighting the popularity of this location.

    Terms

    The freehold is offered for sale, with offers invited in the region of £448,000, subject to contract and financial status. VAT is not applicable.

    The property is let on A 15 year lease from 24th June 2014, expiring 15th June 2029 at a current passing rent of £28,000 p.a.x. The next rent review is 24th June 2024 and the last day of the term. The use is Licensed Restaurant and or Takeaway and / or Wine Bar. A rent deposit of £14,000 is held. The tenant is to maintain the property in good and substantial repair subject to a prior lease, in 2002. The tenant is jsy Food Ltd subject to guarantor.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Christopher Thomas. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Christopher Thomas for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Surrey
    4. Staines
    5. High Street