0 Bedroom 0 Bathroom 0 Reception
Commercial - Freehold
1 Photo
FREEHOLD INVESTMENT COMMERCIAL PROPERTY WITH TENANTS
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Dartford is the principal town in the Borough of Dartford, Kent, It lies 16 miles (26 km) east south-east of central London. The town lies on the border of Kent and Greater London, bordering the London Borough of Bexley. It also borders the Borough of Thurrock, Essex, via the Dartford Crossing of the River Thames. So you can see that it is just about centrally located to most other popular towns.
Located in a great High Street position is the Mandarin Palace Restaurant. Set in a prominent position with a strong foot flow and easily accessible by public transport.
The restaurant has tenants currently enjoying a 25 years lease. The rent per annum currently stands at £33,000. The restaurant can cater for up to 150 covers.
RESIDENTIAL
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There is a two bedroom apartment above the restaurant and a detached 3 x bedroom staff accommodation with its own separate entrance, with kitchenette and shower room.
To arrange a viewing, please call Land Estates on 01322 413501
Lease
25 years
Rent Review
Every 4 years. However after the 16th year the review would be reduced to every 3 years.
Building Insurance/Maintenance
The current tenants are responsible for the Building Insurance and Maintenance of the property.
Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.
Planning
We understand that the premises benefits from A3 planning use.
Price
£500,000 subject to contract
Reference: BA1001070
Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Contact Land Estates for more details
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