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Price |
ALL OFFERS CONSIDERED FOR THE NEW SECURE LEASE, FIXTURES & FITTINGS.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Alternatively the vendor is prepared to consider the sale of the Long Leasehold property, which we understand was for a period of 125 years from 1996 at a ground rent of only £100 p.a. fixed.
OFFERS INVITED TO INCLUDE THE VALUABLE LONG LEASEHOLD PROPERTY, FIXTURES & FITTINGS £295,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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Features |
This spacious restaurant previously trading as Italian cuisine has recently been closed, however, in our opinion there is tremendous potential to re-establish a profitable Restaurant. In view of the excellent main road trading position, in our opinion there is potential for a number of cuisines, including Indian and Chinese.
Ground Floor front entrance with spiral staircase to -
SPACIOUS RESTAURANT, quarry tiled floor, beamed ceiling, ceiling lighting, air conditioning/heating system. Tables and chairs providing seating for 60/70 persons. Bar.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Separate staircase to ground floor kitchen with dumb waiter to restaurant. The kitchen has a tiled floor and the equipment includes 8-burner gas cooker with double oven, 2-deck pizza oven, charcoal grill, double deep fryer, 2-door refrigerated pizza making table, stainless steel counter fridge with 2 doors plus 2 drawers, 2 stainless steel tables, double sink and drainer, wash hand basin, dishwasher etc.
Store area with stainless steel fridge, 2 large chest deep freezes
Large dry goods store
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Tenure |
The owner of the long leasehold property is prepared to grant, subject to satisfactory references, a new 15 years full repairing and insuring lease at a rental of £21,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates in the region of £7,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
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