Melton Road, Syston

LOCATION
The property is located on Melton Road, Syston and within a parade of various local and national retailers.

DESCRIPTION
Opportunity to purchase this leasehold business currently operating as an Indian restaurant and takeaway. The property has been fitted out to a good standard and has been well maintained.

Internally there is seating for 30, a bar area and rear kitchen and customer WC facilities. The business will be sold with all fixtures and fittings.

The property comprises of ground floor restaurant with upper floor 1 bedroom flat. We have been advised the property is let above on an AST at £650 per month.

There is 1 parking space at the rear of the property.

ACCOMMODATION
Ground floor restaurant Main seating area:
c. 494 sq. ft

Rear Kitchen:
c. 225 sq. ft

Storage and WC:
c. 203 sq. ft

Total c. 922 sq. ft

Upper floor 1 bedroom flat.

SERVICES
It is understood all services are connected but have not been tested by the agents.

TERMS
The business is being sold with all fixtures and fittings, equipment and Goodwill - We have been instructed to seek offers in the region of £37,000.

New lease terms are to be agreed with the incoming tenant with a passing rent of £20,000 pa . Admin fees and legal costs apply for the incoming tenant.

OUTGOINGS
Rateable value 1 April 2023 to present - £9,600 Source VOA -
SBR may apply - All interested parties are advised to make their own enquiries with the local council/VOA.

LEGAL COSTS
Legal costs apply for the incoming tenant.

SERVICE CHARGE
The incoming tenant will be liable to pay the costs towards the landlords building insurance policy.

OTHER
Important Information:
All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Reign real estate or its employees or agents. All illustrations are for marketing purposes only and all interested parties are to make their own enquiries into the boundaries and title plans.
Neither Reign real estate nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.
Health & Safety:
You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.

VIEWING
Viewing is strictly via appointment only and with Sole agents - Reign