Catering Premises + 7 Beds - Morecambe For Sale in Morecambe- Business 4 Sale .co.uk

Business Summary

FULL PARTICS
LOCATION
The property has an excellent position in an established trading area and close to the main retailers and local shops and services. It is ideally positioned opposite a main car park and has prominent frontage, which maximises its potential. Morecambe is an improving coastal town with 5 miles of promenade with glorious views over the bay to the Lakeland hills and the Promenade residential properties are now being keenly sought after. Morecambe is ideally positioned, with easy access to Junctions 34 or 35 of the M6 motorway, giving accessibility to The Lake District and all its attractions, and is just 4 miles from the historic City of Lancaster.

THE PROPERTY
The 3-storey property occupies a good corner position next to the job centre on Queen Street in Morecambe, and has parking directly opposite. The property is fully alarmed and gas central heating is installed throughout. The restaurant has prominent frontage with illuminated signs and graphics giving maximum visibility. Now offered with a new 10yr lease. Rent £12,000 per annum. Initial rent free period to be agreed. Nil premium.

GROUND FLOOR

RESTAURANT (Approx. 750sq.ft.)

Rear hallway leading to Ladies and Gents Toilets each with low level w.c. Wall mounted wash hand basin and fully tiled. Follow hallway to:

KITCHEN (Approx. 300sq.ft)

Rear door to access road. Doorway through to small larder area. Stairs from kitchen leading to first floor landing.

Stairs from reception area to:

FIRST FLOOR

RESTAURANT (Approx. 1030sq.ft.)

STOREROOM (Approx. 70sq.ft.)
Housing BIASI Gas Central Heating Combi-Boiler.

THE SECOND FLOOR - ACCOMMODATION
Accessed via door from first floor dining area and from stairs leading up from back kitchen. Seven-bedroom accommodation benefiting from gas central heating. Landing with CH radiator leading to:

Bathroom with 3 piece suite leading through to:

Laundry / Storeroom Approx. 19ft 4" x 14ft, with carpeted flooring, window to rear.

Bedroom 1 Approx. 15ft 6" x 9ft 4", with CH radiator, carpeted flooring, window to rear, strip lighting and wash hand basin.

Bedroom 2 Approx. 12ft 8" x 12ft 5", with CH radiator, carpeted flooring, window onto landing area.

Bedroom3 Approx. 14ft 9" x 9ft 6", with CH radiator, carpeted flooring, window to front.

Bedroom 4 Approx. 11ft 5" x 9ft 5", with CH radiator, carpeted flooring, window to front.

Stairs up to top landing:

Bathroom Approx. 8ft 4" x 6ft 3", with bath only.

Bedroom 5 Approx. 14ft 5" x 12ft 6", with CH radiator, carpeted flooring and roof window.
Bedroom 6 Approx. 11ft x 9ft 3", with CH radiator, carpeted flooring, under eaves storage and roof window.

Store / Office Approx. 8ft x 6ft 2", with carpeted flooring.

Price
Freehold: REDUCED £100,000. SERIOUS OFFERS INVITED.

Leashold: NIL PREMIUM. New 10yr lease. Rent £12,000 pa. Initial rent free period to be agreed.

Comments
A substantial property in a very convenient trading location. Highly recommended for viewing.

FINANCE
Finance for this business is available through Adams and Co(Finance). Please call this office for more details. Please remember that all loans are subject to status and survey.

LEGAL FEES:
Vendors and Buyers each to meet their own legal costs.

Additional Services
When purchasing a business (particularly for the first time) there are many important issues to consider and organise. With over 50 years experience of the Business Transfer market we at Adams and Co are ideally placed to help purchasers. We are able to arrange competitive finance, insurance, and stock-takers, if required. Please telephone for further information.

THE PROPERTY MISDESCRIPTIONS ACT 1991
Adams and Co have not tested any apparatus, equipment, fixtures and fittings, or services and so cannot verify they are in working order or fit for the purpose. Buyers are advised to obtain verification from their Solicitor or Surveyor. Purchasers must satisfy themselves as to their actual condition prior to purchase. References to the Tenure of a Property are based on information supplied to Adams and Co by the vendor. Adams and Co have not had sight of the title documents. Buyers are advised to obtain verification from their solicitor. All measurements are approximate and intended for general guidance only and should therefore be considered to be 'nominal'.

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

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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