Investment for sale

The premises comprise a two storey and attic mid terraced property used as a takeaway at ground floor level with the first floor previously operated as a restaurant.
At ground floor the space is split to provide a large takeaway area to the front and kitchen/prep area to the rear as well as storage and a disabled WC facility.
The upper levels are accessed from street level or via door the kitchen and takeaway areas. At first floor a large restaurant area, prep space, dry stores and male/female WC's are provided.
The attic level provides two rooms used for storage and a shower room.
The investment summary is as follows:
- Let to Hasan Genc
- Lease Expiry 13th January 2036 with no break option
- Passing rent - £33,000 per annum exclusive
- 3 yearly rent reviews (upwards only)
- Previous rent reviews have yet to be actioned
- Terms- Full repairing and insuring
- Price £350,000
- Net initial yield at 9.11%