Prezzo, Ware, Hertfordshire


1-4 Tudor Square, Ware, Hertfordshire SG12 9XF

Offers in excess of
Type - Commercial
Tenant type - Restaurant
  • Tenure: Virtual Freehold
  • Gross Rent: £45,000
  • Lease Term: 25 years from Apr '16

Property Description

  • Virtual Freehold (982 years) blue-chip, restaurant investment
  • Recently refurbished ground floor restaurant with a glass conservatory at the front and cover for 112 diners
  • The upper floors are not included in the sale

Location Description

  • Ware is a town of around 18,000 people in Hertfordshire, England close to the county town of Hertford and 25 miles north of London on the A10 trunk road.
  • It is part of an affluent area north of London's M25 known as the the stockbroker’s belt.
  • The property occupies a prominent position on Tudor Square in the town's centre
  • Ware railway station is close by, which has frequent trains to London Liverpool Street (45 mins) or Tottenham Hale (underground: Victoria Line).

Additional Notes

  • The property is let on a 25 year lease to Prezzo Limited from 18/04/16 FR&I for 45,000 p.a.
  • There are no break clauses
  • Rent reviews are 5 yearly and upward only

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