Let to The Magic Fork Ltd (t/a The House of Punjab)
Prominent corner location
Indian restaurant on the ground floor with a function room and residential flat to the first floor
Nearby occupiers include Tesco and Asda
Customer parking to the rear
Lot 41
Auction 22nd May 2014
Rent £30,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector Restaurant
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of LPA receivers GVA
Property Information
Location
Miles
66 miles south-east of Birmingham, 54 miles north-west of London
Roads
M1 (Junction 14), A5, A421
Rail
Wolverton Railway Station
Air
Luton Airport (29 miles)
Situation
The property is situated in a prominent corner location within half a mile from Wolverton Railway Station and on the busy Stratford Road. Nearby occupiers include Tesco and Asda.
Tenure
Freehold.
Location
Miles
66 miles south-east of Birmingham, 54 miles north-west of London
Roads
M1 (Junction 14), A5, A421
Rail
Wolverton Railway Station
Air
Luton Airport (29 miles)
Situation
The property is situated in a prominent corner location within half a mile from Wolverton Railway Station and on the busy Stratford Road. Nearby occupiers include Tesco and Asda.
Tenure
Freehold.
Description
The property comprises a corner ground floor Indian restaurant with a residential unit to the first floor. There is parking to the rear.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a corner ground floor Indian restaurant with a residential unit to the first floor. There is parking to the rear.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Indian Restaurant Function Room and Residential
135.06 sq m 48.77 sq m
(1,454 sq ft) (525 sq ft)
THE MAGIC FORK LTD (t/a The House of Punjab)
5 years from 07/10/13
£30,000
07/10/18
Totals
183.83 sq m
(1,979 sq ft)
£30,000
Contacts
Seller's Solicitors
Wedlake Bell Solicitors 52 Bedford Row London WC1R 4LR