Reference: SD 2403 Back to Results
EAST RESTAURANT
For Sale £375,000 Premium

Grade 11 listed Chinese Restaurant with 3 flats over, one used by the owners and two
Let on an Assured Shorthold Tenancies, arranged on 4 floors.  Ground floor premises with outdoor walled area ideal for outside dining if required.

Location: Llandudno, Conwy LL30 2AD

Sale Type: For Sale

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Description

GROUND FLOOR

Centrally heated 5.7m x 10.1m2 (18’ x 33’) 600 square feet

REAR AREA, PRIVATE DINING AREA 7.7m x 3.35m (23’ x 11’) 255 square feet

KITCHEN Fully fitted 23’ x 11’ with rear pedestrian access


FIRST FLOOR

LARGE FUNCTION ROOM 4.8m2 x 10.3m2 with PRIVATE BAR 15’ x 33’

STORAGE ROOM 3.7m2 x 2.8m2 112 square feet

½ LANDING Ladies/Gents w.c. facilities


SECOND FLOOR

STUDIO FLAT
with Lounge/Bed/Kitchen 4.3m2 x 4.2m2 and shower room
Previously let at £300.00 per month, now used by owners

STUDIO FLAT
Lounge/Bed/Kitchen 4m2 x 4.9m2 with large shower room 3.8m2 x 2.8m2
Let at £340.00 per month

THIRD FLOOR

SPACIOUS SELF CONTAINED APARTMENT
Kitchen/Lounge/Bathroom/Bed
Let at £440.00 per month

TERM
125 year lease from 1/6/2011
5 year rent reviews
Passing rent is £3,796.00 per annum
Rent review 5 yearly, review is worked out by being 1/12 of the site value
Site value as at 2011 was £45,581 hence ground rent of £3,796.00

 

PREMIUM PRICE
£375,000.00 AS A GOING CONCERN

St David’s Commercial has not tested any fixtures and fittings and cannot therefore guarantee
they are in working order. Your home is at risk if you fail to keep up repayments on a loan or mortgage secured upon it.
MISREPRESENTATION ACT 1967 (Conditions under which particulars are issued). St Davids Commercial for themselves and the Vendors/Lessors of this property whose Agents they are given notice that these particulars do not constitute any part of an offer or contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied on as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser/lessees must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. May 2022. Subject to contract

£375,000 - 21 AUGUSTA STREET, LLANDUDNO LL30 2AD