Attractive leisure investment in the heat of Wilmslow Town Centre.
Fully let to Zumuku Editions Limited and The Thai Chefs Limited t/a Chilli Banana.
The Property comprises a three storey end of terrace property of brick construction beneath a pitched slate roof. There is a roof terrace at first floor level which has the benefit of a retractable roof and a glazed elevation.
The footprint of the building occupies the majority of the site with a small demised area to the side of the building for some parking and the storage of refuse bins etc.
The accommodation is arranged over basement, ground and first floor levels with a gross internal floor area of 4,269 sq ft (397 m²).
The restaurant is held on a 10 year, full repairing and insuring lease expiring on 25th November 2031. The current passing rent is £55,000 per annum and the rent rises on 25th November 2023 to £60,000 per annum. There is a also an RPI based rent review at the 5th anniversary.
The take away is held on a full repairing and insuring lease, for a term of 4.5 years expiring on 23rd February 2027. The current passing rent is £15,000 per annum. There is a tenant only break clause at the 2nd anniversary, subject to specific conditions.
Paul Witts / Nathan Stringer