Spacious Empty Premises With Catering Permission | | Undisclosed Surrey | | Situated in a parade, excellent main road trading position, SURREY | | ADVERT NUMBER : 39734
ADVERT IMPRESSIONS : 30,292 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Catering | | SALE: | Agent Sale | LEASEHOLD: | Offers Invited | | | | | BUSINESS DETAILS: | Features : SPACIOUS SINGLE FRONTED PREMISES approx. 16ft frontage with a depth of 50/60 ft. with planning permission for A3 & A5 use. We understand the premises have a Full On & Off Licence granted. In our opinion there is potential for a seating capacity in the Restaurant for 50/60 persons. In addition there are 2 staircases to large basement approx. 800 sq. ft. in our opinion ideal to be fitted as a Catering Kitchen.Location : Situated in a parade, excellent main road trading position, SURREYTenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at an initial rental of £12,000 p.a. exclusive of rates for the first 1 year, increasing at that time to £18,000 p.a. exclusive of rates for the second year and further increasing at that time to £24,000 p.a. exclusive of rates for the third year, with rent review after the third year and thereafter every 3 years. (We understand that the rental for similar shops in the area is currently in the region of £25,000 p.a). OUTSTANDING OPPORTUNITY TO ACQUIRE A NEW LEASE IN RESPECT OF A SPACIOUS PREMISES, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL TO ESTABLISH AS A LICENSED RESTAURANT.Uniform Business Rates: £5,700 p.a. approx.RECOMMENDED FOR EARLY INSPECTIONPrice : NIL PREMIUM REQUIRED FOR THE NEW LEASE, subject to contract.(Please note that the purchaser of the new lease is to be responsible for the vendor's solicitors and agents costs). | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
