Location
This restaurant is situated in a prominent town centre position close to The Royal Victoria Place Shopping Centre.
Description
A restaurant arranged entirely over the ground floor, with a small bar area, kitchen, stores and WC. Scope to extend or create rear courtyard area.
Covers
53 covers plus bar area.
Tenure
Leasehold – Over 8 years remaining.
There is the ability to determine the lease on 13th February 2022.
The lease has Landlord & Tenant Act protection with respect to security of tenure.
The lease is drawn up on a full repairing and insuring basis.
Rent
Current passing rent of £28,000 per annum, exclusive of all other outgoings.
Terms
An assignment of our client`s leasehold interest.
Guide Price
On application – for the leasehold interest and specified fixtures and fittings.
Business Rates
On application
Legal Costs
The ingoing tenant is to be responsible for the existing tenant`s legal fees, and those of the landlord`s.
Our client will require an undertaking in this respect.
Viewing Arrangements
As this sale is confidential, named parties will need to first identify themselves through the agent’s offices before being able to book an appointment to inspect.