Renshaw Chartered Surveyors are property valuers, commercial property consultants and agents in Chesterfield, Sheffield and Bakewell.

Retail Investment, No.2 Rutland Square, Bakewell - DE45 1BZ

NOW SOLD
  • FREEHOLD – Investment producing £25,000 per annum
  • Fully Let to Sammie Ltd – Co no. 11792599 – with personal guarantee
  • Trading as – The Chakra Lounge a successful vegan restaurant with 3 outlets and hundreds of positive google reviews
  • Prominent building overlooking the centre of Bakewell adjacent the Rutland Hotel
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Description

The premises are wholly occupied by the tenant who uses the ground and first floor as café and seating areas with the 2nd floor used for storage and refrigeration.
There is a customer WC on the first floor with a further staff WC on the ground floor.
Please see layout plans on the brochure/website.

Location

Bakewell is a historic market town and the primary economic centre of the Peak District National Park receiving substantial volumes of tourist visitors annually and well placed for major local attractions such as Chatsworth House. The subject property overlooks the centre of the town and cannot be missed!

Accommodation

Description  (sq.m)  (sq.ft)
Ground Floor 65.72 707
1st Floor 30.13 324
2nd Floor 19.71 212

TOTAL

115.55

1,244

 

Price / Investment Detail

The property is available freehold at a price of £345,000. VAT is NOT payable.
The tenant – Sammie Ltd – co no 11792599 occupies the property by way of a 7 year full repairing and insuring lease without break from 1st February 2022
at a rent of £25,000 per annum.
The lease provides for a rent review on the 5th anniversary. The lease is subject to a photographic schedule of condition.
Please contact the agents for copies of the lease documentation.

VAT and Costs

Each party is to be responsible for their own costs. VAT will NOT be payable on the sale price. 

EPC Rating - C

A full copy of the EPC is available for download.

Money Laundering

In accordance with Anti-Money Laundering Regulations, the source of funding and identification will need to be provided by the successful purchaser/tenant. We will undertake a search with a Credit Reference Agency for the purposes of verifying the identity provided. For further information please contact the agents.

Viewing Arrangements

For further information or to arrange a viewing please contact -

Surveyor: Philip Dorman
Tel: 01629 888 268
Email: philip@rensurveyors.co.uk

Disclaimer

November 2023

These particulars are believed to be correct, however, their accuracy is not guaranteed, and you should make your own enquiries to verify the information herein. They do not form any part of any contract.

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