High Street, Olney, MK46

ESTABLISHED RESTAURANT PREMISES LOCATED IN THE HISTORIC OLD LAW CHAMBERS DIRECTLY ACCESSED VIA A QUAINT PASSAGEWAY OFF OLNEY'S BUSY HIGH STREET. THE PREMISES HAVE, FOR THE LAST 30 YEARS, SUCCESSFULLY TRADED AS THE OLD SHANGHAI CHINESE RESTAURANT AND HAS RECENTLY CLOSED DUE TO THE OWNER'S RETIREMENT. IN ADDITION TO THE SUBSTANTIAL RESTAURANT THE PREMISES HAVE RECENTLY BENEFITED FROM LICENSING TO SELL ALCOHOL AND A HOT FOOD TAKEAWAY SERVICE. THE BUILDING HAS A RUSTIC CHARM AND DISPLAYS A WEALTH OF CHARACTER, IN TOTAL PROVIDING APPROX 1800 SQ FT. COMPRISING A RESTAURANT AND BAR AREA OF APPROX 1250 SQ FT, A KITCHEN 240 SQ FT AND A STOREROOM 280 SQ FT. IN ADDITION, THERE ARE LADIES' AND GENTS' WC FACILITIES AND AN EXTERNAL BLOCK-PAVED SOUTH FACING TERRACE WHICH COULD BE USED SUBJECT TO OBTAINING THE NECESSARY CONSENTS. THE PREMISES ARE HEATED VIA GAS FIRED RADIATORS AND THERE IS A SMALL COURTYARD TO THE REAR.


LEASE TERMS
LEASE TERMS NEGOTIABLE

A new minimum five-year lease is required at an initial rent of £25,000.00 per annum.

The premises are available for immediate occupation, subject to the completion of the lease. All other terms are negotiable.