Waltham Chase - Anatolian Restaurant, Road SO32 2LL Freehold Restaurant Investment with Development Potential Waltham Chase - Anatolian Restaurant, Winchester Road SO32 2LL Freehold Restaurant Investment with Development Potential

Investment Consideration: ▪ OIEO: £1,000,000 ▪ Gross Initial Yield: 5.50% ▪ Rental Income: £55,000 p.a. ▪ VAT is NOT applicable to this property ▪ Comprises ground floor restaurant and self-contained three bedroom flat on first floor. ▪ The property benefit from outdoor seating area for c. 50 people and car parking for 30+ vehicles. ▪ Total GIA 313.96 sq m (3,379 sq ft) ▪ Additional land on site with development potential (STP) ▪ Well located being directly on Winchester Road Tenancies and Accommodation: Waltham Chase - Anatolian Restaurant, Winchester Road SO32 2LL Freehold Restaurant Investment with Development Potential

Property Description: The property comprises large restaurant on ground floor (100 covers) and a self-contained three bedroom flat on first floor. The restaurant benefits from additional outdoor seating area for c. 50 people and car parking for 30+ vehicles. Additional land on site with development potential, subject to obtaining the necessary consents.

The property provides the following accommodation and dimensions: Ground Floor: Restaurant 228.38 sq m (2,458 sq ft) First Floor: Flat 85.58 sq m (921 sq ft) Total Area Size: 313.96 sq m (3,379 sq ft) Waltham Chase - Anatolian Restaurant, Winchester Road SO32 2LL Freehold Restaurant Investment with Development Potential

Tenancy: The property is at present let to an Individual for a term of 15 years from 24th September 2018 at a current rent of £55,000 per annum and the lease contains full repairing and insuring covenants. Upward only open market rent review in 2023. No break clause. Waltham Chase - Anatolian Restaurant, Winchester Road SO32 2LL Freehold Restaurant Investment with Development Potential

Location: Waltham Chase is a village in , , neighbouring the town of Bishop's Waltham. It is in the of . The village comprises about 2 sq. kilometres of land to the south-east of Bishop's Waltham. The property is well located being directly on Winchester Road between Bishop's Waltham (1.2 miles north) and Wickham (3.3 miles south), while Junction 10 of the M27 is approximately six miles away. Waltham Chase - Anatolian Restaurant, Winchester Road SO32 2LL Freehold Restaurant Investment with Development Potential

Contacts:

To view copies of the leases, information on the title, other information, please contact Joseph Bachman or Prash Jaitley.

Joseph Bachman – COO Prash Jaitley – Managing Partner M: +44(0)77236 19270 M: +44(0)79618 53166 E: [email protected] E: [email protected]

Address:

Blue Alpine Partners Limited Trading Address: 83c Ashley Gardens, Thirleby Road, , SW1P 1HG Registered Address: Suite 115, Devonshire House, Manor Way, Borehamwood, Hertfordshire, WD6 1QQ

Disclaimer: Blue Alpine Partners prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor Blue Alpine Partners will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property is unoccupied, Blue Alpine Partners may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold. Prospective purchasers should make their own investigations before finalising any agreement to purchase or lease.