Income-producing restaurant with residential conversion potential near transport links.
Freehold mixed‑use building: approx. 3,400 sq ft total
Let to MSR UK Ltd as restaurant; current rent £36,000 pa
Only 7 years remaining on the lease — lenders may refuse mortgages
Ground floor two adjoining restaurant units with extraction systems
Rear single‑storey extensions, parking access and bin storage
First‑floor residential 1,200 sq ft — suitable for conversion to multiple units
Victorian brick façade and high‑street position near transport links
Area crime above average; town centre location on a small plot
A substantial mixed‑use freehold on Stratford Road, offered with an income-producing restaurant lease in place. The ground floor comprises two adjoining restaurant units trading as a Peri‑Peri operation, each with seating to the front, commercial kitchens, extraction vents and a fenced veranda. Two single‑storey rear extensions provide extra kitchen and storage space with rear access to parking and bin storage.
The first floor provides residential accommodation totalling about 1,200 sq ft and could be left as a single flat or reconfigured into multiple units to increase rental income. The whole building measures approximately 3,400 sq ft and sits on a small plot within a busy high‑street location close to local amenities and rail links.
Important note for buyers: the property is let on a 7‑year lease to MSR UK Ltd at £36,000 pa with rent reviews every 3.5 years. With only seven years remaining, some mortgage lenders may refuse to lend against this asset; buyers should check finance options carefully. Crime levels in the area are above average, and the town centre location reflects that context.
This freehold suits investors seeking a let, or an owner‑operator prepared to plan ahead for lease expiry and potential refurbishment. The building’s Victorian character and commercial fit‑out reduce immediate capital works for continued food use, while the residential element offers scope for uplift through reconfiguration or improved management.
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