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20-24 Belle Vue Ter
Malvern WR14 4PZ
 Prezzo · Retail Property For Sale

Restaurants Worcestershire Malvern 20-24 Belle Vue Ter, Malvern WR14 4PZ

INVESTMENT HIGHLIGHTS

  • Income producing
  • Good location
  • Good frontage

EXECUTIVE SUMMARY

Long leasehold investment opportunity, the property comprises of a ground floor restaurant/bar with residential upper floors. The property is sub-let to Loungers (UK) Ltd on a 25 year effectively fully repairing and insuring lease from 05 October 2015 expiring 04 October 2040. The property is subject to 5 yearly upward only rent reviews with the next rent review due 05 October 2025. All terms relating to the 999-year lease are mirrored in the occupational lease.
The property is also available as part of a portfolio sale comprising of 9 properties with a combined income of £552,562 with opportunity to increase to £610,062 pa. The portfolio is available to purchase for £7,500,000.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Restaurant
Building Size
3,292 SF
Building Class
C
Year Built
1905
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.24 AC
Frontage
32’ on Bellevue Terrace
 

  • Listing ID: 33785690

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 20-24 Belle Vue Ter, Malvern WR14 4PZ

The Retail Property at 20-24 Belle Vue Ter, Malvern, WR14 4PZ is currently available for Sale. Contact Eddisons for more information.

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