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KFC Restaurant Investment for Auction Newcastle BT33
Auction Date
16 April 2025
Guide Price
£300,000
Property Summary
Guide Price £300,000. This is a traditionally constructed mid terrace building covered by a pitched roof and extended to the rear. The unit has been fitted in KFC corporate style incroporating food preparation, servery, customer seating and ancilliary areas. A 20 year lease term with effect from 28th November 2016 at an annual passing rent of £25,393. The lease is subject to 5 yearly rent reviews with fixed rental uplifts reflecting 2.5% annually compounded.
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