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viewing is only via appointment only - Please register
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ASKING PRICE FOR THE NEW LEASE, GOODWILL £25,000 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
This old established Licensed Restaurant has been in the same hands for the past 30 years and is now offered for sale due to the vendor's retirment. In our opinion, whilst at present trading as a Restaurant, due to the size of the premises, they are ideal for development as a Coffee Shop, Sandwich Bar or indeed Hot Food Takeaway.
ATTRACTIVE DOUBLE FRONTED RESTAURANT approx. 18ft wide x 28ft depth. High ceiling. Tables and chairs providing seating for 30 persons at present.
Small kitchen
Cloakroom with w.c. and wash hand basin
Tenure
The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 30 YEARS AND IS SOLELY OFFERED FOR SALE DUE TO RETIREMENT.
