Immaculate Licensed Restaurant in Reading For Sale

Situated in a parade, prominent trading position, residential, office and commercial area, near READING, BERKSHIRE

Price £15,000

Features

Immaculate Licensed Restaurant - Recently Closed - Suitable To Reestablish A Catering Premises or Change of Use - E Class

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 550 ft², GRADE II LISTED BIULDING, Hardwood floor, wall lights, CCTV (5 cameras).

Bar

Separate Kitchen - Tube lighting. Stainless steel extractor, various catering equipment.

Customer cloakroom with toilet and sink.

Stairs to basement.

Tenure

WE HAVE BEEN INFORMED that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2023 with reviews every 4 years (next review 2027) at a current rent of £29,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE AND GOODWILL £15,000.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.