Cafe for sale

Manchester Road, Preston, PR1

£40,000

Property Description

Key features

  • For Sale
  • Goodwill & Rent To Pay
  • A3 Consent
  • Three floors
  • Currently Trading
  • Busy Parade Location
  • Includes Upstairs Flat
  • Rental Producing Income
  • Seating Area
  • Parking

Full description

Location:
Manchester Road, a well known main road next to Newman College in the heart of Preston City Centre.
Close to other takeaways and within a large residential area offering ample footflow and passing trade.
Description:
This turn key business is ready go. The ground floor property has ample amount of light flooding into the shop from the large glass window. The signage above the door has outside lighting.
Internally the main customer area consists of tiled flooring, modern wall tiles, modern lighting and deco. The layout works well with the counter position and kitchen / prep area.
Large entrance with seating on either side. Seating for 26 cover.
The business includes all CCTV, alarm system, 2 x display fridges include soft drinks fridge, potatoe cutting machine, sinks, prep area, 3 x pan fryer / counter, microwave, sauce warmer, pricing signage, and toilet facility.
There is one secure staff parking to the rear of the property and customer parking for upto 1 hour directly outside.
Size is 13.5m x 5.5m
The basement is used as a prep area consisting of interlock extraction, cold room fridge / freezer, size is 9m x 4.8m
This business is currently trading as a with A3 Consent
All Fixtures and Fitting included.
A 2 bedroom, kitchen, bathroom accommodation is included in this monthly rent.
Accommodation:
The property provides the following approximate net internal floor areas:
Ground Floor:
Shop area = 66m²= 710ft²
Basement:
Basement = 58m²= 624ft²
All measurements have been made in accordance with the RICS Code of Measuring Practice
Service:
All mains gas, electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.
Planning:
Previously used as a takeaway. The premises are considered suitable for a wide variety of uses. Including A5 Consent
Prospective Tenant are advised to make their own enquiries of Preston City Council's Planning Department on 01772 906581.
EPC:
A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.
Lease:
The unit is available by way of an existing full repairing and insuring lease subject to an upward only rent review for a term of years to be agreed.
Goodwill:
The goodwill is £45,000
Rent:
Rent is £1266.00 pcm. Exclusive of VAT and rates, payable in advance by standing order and subject to contract
This also includes the 2 bedroom flat above ( with is rented)
Income:
The 2 bedroom flat produces £450.00 per month
Turnover:
The existing turn over is £2,000.00 per week
Rating assessment:
Rates payable for 2017/2018 are 49.7p in the £.
This property may be entitled to 100% rates relief dependant on circumstance
The Valuation Office Agency website describe the premises as being assessed as a “SHOP AND PREMISES” with a Rateable Value of £5800.00
WE BELIEVE THAT THE COUNCIL MAY HAVE WAIVED BUSINESS RATES IN THIS AREA ( please check with the council)
Revaluation Business Rates has recently undergone a revaluation which will commence on 01/04/2017. The draft list is now available on the VOA website, for this and further information go to; www.gov.uk/voa/revaluation
Further one-year increase in small business rate relief
The current temporary increase in Small Business Rate Relief, which started on 1 October 2010, will now continue for a further 12 month period (to 31 March 2016).
The measure doubles the usual rate of relief so that ratepayers with rateable values below £6,000 pay no rates at all for the period, while ratepayers with rateable values between £6,000 and not more than £12,000 receive tapered relief from 100% - 0%.
All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.VAT:
All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.
Legal Cost:
Each party are to be responsible for their own legal costs incurred in the transaction.
Viewings:
Viewing highly recommended.
Please contact Kingswood on
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA
mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk
Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.


Energy Performance Certificates (EPCs)

Nearest stations

  • Preston (0.7 mi)
  • Lostock Hall (2.3 mi)
  • Bamber Bridge (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Kingswood , Fulwood

77 Watling Street Road, Fulwood, PR2 8EA

01772 399085 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Preston (0.7 mi)
  • Lostock Hall (2.3 mi)
  • Bamber Bridge (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Kingswood , Fulwood

77 Watling Street Road, Fulwood, PR2 8EA

01772 399085 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 3076. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kingswood , Fulwood. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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