Restaurant for sale

The Strand, Barnstaple, Devon, EX31

£15,000

Property Description

Full description

Tenure: Leasehold

LOCATION
In a busy Town centre trading position, close to the night club circuit and fronting on to the re-furbished Strand in the heart of Barnstaple. In recent years The Strand has become a busy pedestrian open area overlooking the River Taw and only partly used by vehicles before 10am and after 5pm each day. The Strand, having been re-furbished, with new walk ways is now an attractive tree lined avenue and has become a popular catering venue for the Town linking as it does to the new Town Square in front of the Museum.

Barnstaple is North Devon's main commercial centre having a population in excess of 35,000 inhabitants and serving the surrounding rural hinterland with a population in excess of 130,000 inhabitants.

THE PREMISES
The property comprises the ground floor of a mid-terrace commercial building offering a main Fish & Chip shop takeaway and kebab shop with preparation room to the rear and separate cloakroom. The premises are offered comprehensively equipped and furnished, subject to trade inventory, and in recent years have been completely modernised for the purposes of a catering outlet. There is potential to extend the business by offering a delivery service and by providing outside seating subject to Council approval.

TENURE
Our clients, the Landlords, are seeking to offer a brand new lease on the premises with an ingoing asking premium of £15,000, to include all equipment subject to trade inventory, at a commencing rental of £13,000 per annum exclusive. Alternatively £350 rental per week and nil ingoing premium. In each case £5,000 holding deposit required.

This is a rare opportunity to acquire a busy Town centre late night Fish & Chip shop takeaway and Kebab house with the benefit of opening until 4am and being close to the main Night Club in the Town Centre, the near-by Weatherspoon's Public House on The Strand and the catering venues on The Square.

The accommodation briefly comprises:

MAIN TAKE AWAY 
27.66m x 5.28m
With one double pan gas fired Hopkins range, griddle, donna kebab machine, refrigerated display unit, double pizza oven, extractor fan

MAIN KITCHEN 
3.05m x 5.4m
Including WC. Double bowl sink unit, 1 chipping machine, 1 potato peeler, freezer, fish fridge, CCTV etc.

AGENTS NOTE 
An incoming tenant will have to supply the usual Bank and Trade references for Landlords approval.

RATEABLE VALUE 
£4,600 per annum UBR, as of April 2015, 47.1p in the £ Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.

VAT 
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC

VIEWING 
Strictly by appointment through the selling agents.

WEBBERS DO NOT JUST SELL HOUSES 
Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.

WANT TO KNOW MORE? 
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding. www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.uk http://list.english-heritage.org.uk

More information from this agent

Nearest stations

  • Barnstaple (0.4 mi)
  • Chapleton (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Barnstaple

39-41 Boutport Street, Barnstaple, North Devon, EX31 1SA

01271 604026 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

  • Barnstaple (0.4 mi)
  • Chapleton (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Barnstaple

39-41 Boutport Street, Barnstaple, North Devon, EX31 1SA

01271 604026 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 BAR160475. 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 Webbers Property Services, Barnstaple. 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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