Lease/Business For Sale - Hot Food Takeaway
LEASE/BUSINESS FOR SALE
Fully Fitted Hot Food Takeaway
34 Watling Street Road
Together With Self-Contained Upper Floor Residential Unit
The premises occupy a prominent corner position at the junction of Watling Street Road and Sharoe Green Lane in the heart of the north Preston suburb of Fulwood. The premises are situated adjacent to the Preston Business Centre.
The premises provide an end-terrace property of brick construction under a pitch-slate roof. The ground floor and rear accommodation has been fully fitted as a high-class hot-food takeaway, together with ancillary preparation areas, whilst the upper floor accommodation is set out as a self-contained residential unit.
The accommodation is arranged over ground, first and attic floors and provides the following approximate net internal floor areas:
Ground Floor Sales Area and Preparation: 870 sq ft (80.82 sqm)
First/Attic Floor: Self-contained residential unit.
There is parking adjacent to the property for 4 vehicles.
The property is entered into the Rating List at Rateable Value £6,500.
The property is held on a 3 year full repairing and insuring lease at an annual rent of £16,000 pa.
We understand the landlord would be prepared to grant a longer lease if required.
The upper floor is let on an assured shorthold tenancy and is currently let at £650 per calendar month, inclusive of outgoings.
The vendors are seeking a premium for the benefit of their fixtures and fittings, etc. of £60,000 subject to contract.
The business is currently operating under restricted hours 6 days per week from 5pm to 10pm.
All rents and prices are or may be subject to the addition of VAT at the prevailing rate.
An Energy Performance Certificate will be available upon request.
Each party will be responsible for their own legal costs.