Investment For Sale ‘Dolphin Fish & Chip’s
Location:
36b Burnthouse Lane EX2 6DE
Size:
Internal Width 6.07m
Depth 4.29m inc. prep area
Rear area 6.08m x 4.29m
Door to side lobby & cloakroom and loading door
Total Area 55.8 sq. m (600 sq. ft.) approx.
Out side – Parking apron for two/three cars also housing InPost Lockers
Price:
Offers are invited in excess of £130,000 for the freehold offering an investor a return of around 6.50 %.
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The premises are situated on Burnthouse Lane opposite the Dolphin Public House close to the Lane’s junction with Topsham Road in this densely populated residential area. Although Burnthouse lane is predominantly residential this location also houses various retail units serving the wider area. The unit is a single storey lock up shop with ancillary storage. The unit is let and fully fitted out as a popular and well-established The Dolphin Fish & Chips.
LEASE
The premises are currently let to Kong Wing Cheung t/a The Dolphin Fish & Chips
on a lease for a term of 10 yrs from 16.10.23 on full repairing and insuring at £9,000 per annum subject to rent reviews every 3 yrs based on the RPI