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(REF: R2185)  Spacious Empty Premises With A3 Use
 
Seller Reference: R2185
B4S Reference: 27075
Asking Price: £23,500
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Dorset, South West England, United Kingdom
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Similar business types:
Restaurant Premises For Sale in Dorset   |  Restaurant Premises For Sale in Dorset
  Business Summary   
  Nationwide are pleased to offer to the market : Outstanding opportunity to acquire the lease of these Empty Premises, potential to establish a Café/Restaurant or indeed Fish & Chips, however, we understand the present owner does not wish the premises to be used for Pizzas or Kebabs.

SINGLE FRONTED MEDIUM SIZED PREMISES with tiled floor. Potential seating capacity for 30/40 persons.

The front area has a stainless steel extractor unit.

REAR KITCHEN with double sink and drainer. It will be appreciated upon inspection that the premises do need refitting.

Staff cloakroom with w.c. and wash hand basin

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £22,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

We understand the lease includes 2 adjoining shops, one let on a monthly basis and providing a rental income of £7,200 p.a. whilst the other is let also on a monthly basis and provides a rental income of £5,400 p.a.

As will be appreciated with the rental income currently of £12,600 p.a. the net rental payable at the present time is only £9,400 p.a. exclusive of rates.

Uniform Business Rates: £3,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

PREMIUM REQUIRED FOR THE NEW LEASE £23,500 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, main road trading position, DORSET
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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