for sale freehold - Realla

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SUPERBLY FITTED TOWN CENTRE TAKEAWAY T/A HEE’S EXPRESS

FOR SALE FREEHOLD ***** PRICE SIGNIFICANTLY REDUCED *****

HEE’S EXPRESS, 17 LONDON STREET, BASINGTOKE, HAMPSHIRE, RG21 7NT

 Rare opportunity to acquire a freehold town centre takeaway, with upper parts (comprising staff accommodation)  Well established, fully operational and popular Chinese Takeaway  Sale to include high quality fixtures and fittings  Fitted by Hee’s to a high standard in 2005  Suitable for alternative takeaway uses, such as pizza, fish & chips etc.

Hee’s Express, 17 London Street, Basingstoke, Hampshire, RG21 7NT

LOCATION

The premises are situated in a prominent location in the pedestrianised London Street “upper old town” area of Basingstoke, Nearby occupiers include Zizzi Italian Restaurant, McDonalds, The Tonic Bar, The Rhu Bar, The Red Lion Hotel and the Post Office to name but a few. The Festival Place complex is within a few minutes’ walk, as are the Local Authority car parks. Basingstoke is a major centre for commerce and industry in North Hampshire with a borough population of approximately 180,000. The mainline Basingstoke railway station is within a 10 minute walk which provides a fast and frequent direct service to London Waterloo (timetabled at approximately 45 minutes), Junction 6 of the M3 motorway is approximately 1½ miles distant.

DESCRIPTION

The accommodation comprises a superbly fitted Chinese takeaway (t/a Hee’s Express). Our clients purchased the freehold in 2005 and invested heavily in establishing a very popular Peking and Szechuan cuisine takeaway. By way of background, Hee’s operated a popular restaurant in the town established in 1985. The property comprises a customer waiting area with some seating, granite/glazed counter and fully fitted open kitchen behind. The retail area could be extended into the back of house area behind which currently houses a walk-in cold room, kitchen/preparation area and storage. Rear access is provided for deliveries via Jacobs Yard car park. The ground floor benefits from a single wc. The first floor is currently partitioned into three large rooms providing staff rooms/rest areas and storage with windows front and rear. There is a single wc and shower cubicle.

FLOOR AREA

Ground Floor 695 sq ft First floor 343 sq ft Storage mezzanine platform 68 sq ft Second floor front loft space (not measured) Total floor area 1,106 sq ft

[ 64.6 sq m] [ 31.9 sq m] [ 6.3 sq m] [102.8 sq m]

PRICE

Price reduced to £300,000, subject to contract with vacant possession. The sale will include the goodwill, fixtures, fittings and equipment.

RATES

Rateable Value Uniform Business Rate Rates Payable

£11,250 .48p/£ £5,400

ENERGY PERFORMANCE RATING LEGAL COSTS

Each party to bear their own legal costs involved in this transaction. The purchaser is to provide an undertaking of £1,000 plus VAT towards the vendor’s abortive costs should they withdraw for any reason.

VIEWING

Strictly by appointment through the sole agents, contact: RUSSELL WARE LONDON CLANCY 01256 462222 [email protected]

Misrepresentation Act 1967 – London Clancy for themselves and for the vendors/lessors of this property whose agents they are, give notice that: a) These particulars are set out as a general outline only for the guidance of intending purchasers/lessees and do not constitute part of an offer or contract. b) All descriptions, dimensions, references to condition and necessary permissions for use and other details are given in good faith and are believed to be correct, but any intending purchaser or lessee should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of teach of tem. c) We have not tested any of the service installations and any purchaser/lessee must satisfy themselves independently as to the state and condition of such items. d) No person in the employment of London Clancy has any authority to make or give any representations or warranties whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction B/572/r