TENUREInvestment Opportunity, Under Offer, For Sale Leasehold
POSTED ON18th October 2019
City centre restaurant investment for sale. Close to Exeter High Street. Long leasehold - 246 years remaining @ peppercorn rent. Let to "The Stand Off" Irish Bar/Restaurant. Rent: £35,000 p.a. rising to £40,000 p.a. April 2022. Net initial yield 8.40% rising to 9.60% April 2022. Guide price: £400,000.