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PRICE REDUCTION: Freehold Investment Opportunity, Gillingham, Dorset

PRICE REDUCTION: Freehold Investment Opportunity, Gillingham, Dorset - 7th November 2018

PRICE REDUCTION: FREEHOLD INVESTMENT OPPORTUNITY - STYLISH & WELL PRESENTED POPULAR LICENSED RESTAURANT WITH SUBSTANTIAL RENTAL INCOME

THE GRILL HOUSE SOUTH STREET, GILLINGHAM, DORSET, SP8 4AB
FREEHOLD GUIDE PRICE: £300,000 PLUS VAT

The Grill House is situated in the heart of Gillingham, close to the main town centre and shopping areas. The area is surrounded by a vibrant mix of complementary businesses and Gillingham itself is a busy and growing market town situated in North Dorset between Sherborne and Shaftesbury and is approximately 4 miles from the A303 which links the South West and the M3 to London. The town has a mainline railway station with connections to London Waterloo and Exeter St Davids.

Originally a rugby clubhouse, the premises underwent a complete refurbishment to exceptionally high standard throughout approximately 4 years ago, and The Grill House is a thriving and well regarded licensed restaurant which has benefited from considerable investment and expenditure. The premises, which are in a character filled building, offer an eclectic blend of both modern and contemporary finishings and décor and occupy a sought after town centre trading location. The Grill House

The Grill House is to be sold as a freehold investment, providing an opportunity to acquire an investment property with experienced tenants in place. The building is currently let on a free of tie lease with a rent of £24,000 plus VAT per annum. Full details available upon request.

This exceptional business proposition is for sale for £300,000 plus VAT, for the valuable freehold interest as an investment opportunity. Full property details are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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