Search more Restaurants for sale in North Wales
Reference R9074

Restaurant in North Wales For Sale

Restaurant in North Wales For Sale
Restaurant in North Wales For Sale Buy a Restaurant in North Wales For Sale

Register to see map and to make an appointment Situated in a busy parade, excellent High Street trading position, residential, office and commercial area, CLWYD, NORTH WALES

Price 5,000 / 150,000

Features

Restaurant & Hot Food Takeaway (we Understand The Premises Have A3 Use)

The Restaurant & Hot Food Takeaway is at present closed, however in our opinion offers terrific potential to re-establish the restaurant & hot food takeaway.

Prominent building with view of the bay

DOUBLE FRONTED MEDIUM SIZED PREMISES approximately 1,000 sq. ft. area Restaurant with tables & chairs for up to 45 persons.

Large kitchen fully equipped including Tandoori oven, stainless steel extractor, 2 fridge/freezers, 1 deep freezer, double sink & drainer etc.

Disabled accessible cloakroom with w.c. & wash hand basin

Stockroom/storage space at rear

We are informed there is potential to extend the property at rear, subject to the necessary planning permission.

Turnover

AS STATED the business is at present closed, however in our opinion offers terrific potential in the right hands.

Accommodation

Included in the sale is the accommodation comprising 3 FLATS, all of which do require some modernisation & refurbishment. There is potential for the flats to be let if not required for personal use.

First Floor -
Flat No. 1 comprises
3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Second Floor
Flat No. 2 comprises:
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge

Third Floor -
Flat No. 3 comprises:
1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge

Outside

Large rear garden approximately 60' long

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease in respect of the ground floor, together with 3 flats over at a rental of 8,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

EPC rating G (198)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS 5,000 subject to contract.

OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, FIXTURES & FITTINGS in the region of 150,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 105,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Restaurants for sale in North Wales

Buy a Restaurant in North Wales For Sale on NationwideBusinesses.co.uk