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Cream Tea Rooms,Lyndhurst, Sheep Street, Stow on the Wold, Gloucestershire

£14,500 pa

Property Description

Letting information:

Furnishing: Not Specified
Letting type: Commercial

Key features

  • Main Dining Area approximately 250 sq ft
  • Fully equipped kitchen and storage area of approximately 120 ft sq.
  • Rear lobby and separate WC

Full description

Fully equipped small Tea-room in one of the town s main streets with good shop window.Currently with 22 covers.

LEASE ASSIGNMENT DUE TO RETIREMENT


Offers of a premium based on 12,000.
(To include all Tenants trade fixtures and fittings)


Viewing:
Strictly by prior appointment through Messrs Tayler and Fletcher (01451) 830383


DESCRIPTION Cream Tea Room successfully traded as a tearoom for over 15 years as 'Shepherd of the Hills'. Prior to that it had been run as Wheelers, a high quality restaurant. We are now able to offer the premises fully equipped with tables, chairs, and a comprehensive range of kitchen equipment and utensils


The premises comprise (all dimensions quote are approximate only):-


Entrance lobby door to:


Dining Area 16'11' x 14'11' overall with display window with 2 ceiling spot light tracks, seagrass carpet. Opening to bar and coffee area, swing door, door to side entrance


Kitchen 9'10' x 6'11' narrowing to 6'9'small but comprehensively fitted with oven, 6-ring gas hob, extractor hood, single bowl stainless steel sink unit. Wash hand basin, tiled walls, ample shelving. Quarry tiled floor. Return door (currently closed) to


Rear Lobby with door direct to tearoom and to the exterior, coat hooks
Separate WC with hand basin, electric water heater, electric panel heater, tiled floor, wall cupboard.


LEASE TERMS


Lease 12 year lease commenced on 15 March 2007.


Rent 14,500 per annum payable quarterly in advance


Rent Review Every 3 years


Premium Offers based on 6,000 to include tenants fixtures and fittings (inventory available). Accounts available upon request on a confidential basis.


Repairs Tenant responsible for all internal repairs, 100% of single storey extension repairs and 50/50 of repairs to the main structure and shared lobby access. Tenant to decorate internally and externally every 3 years.


Insurance Tenant to repay landlord buildings insurance being 60% of the whole for the building.


Services Mains water (metered), gas, electric and drainage are connected.


Rateable Value: 7,900 Rates currently payable 2010/11 - 3,365.40


OTHER TERMS


1) Reservation deposit. Upon agreeing to take the lease, the prospective Lessee will be expected to pay a reservation deposit of 500. This will be refunded upon completion, but, should the prospective Lessee withdraw for any reason, the deposit will be retained to cover administrative costs.
2) Legal costs Tenant to pay Landlord's legal costs and Tenants legal costs
3) Viewing by appointment only
4) Local Authority Cotswold District Council, PO Box 9, Council Offices,Trinity Road, Cirencester, GL7 1PY Telephone: 01285 643643

More information from this agent

Nearest stations

  • Moreton-in-Marsh (4.4 mi)
  • Kingham (4.4 mi)
Distances are straight line measurements

To view this property or request more details, contact:

Tayler & Fletcher, Commercial

The Square, Stow On The Wold, GL54 1BL

01451 520009 Local call rate

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Property reference 6530. 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 Tayler & Fletcher, Commercial.
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