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Restaurant for sale

73 Fore Street, Barton

Withdrawn from Market £110,000

Property Description

Full description

Tenure: Freehold

DESCRIPTION
A rarely available opportunity to acquire a lock up Freehold Fish & Chip shop business in a densely populated residential neighbourhood of Torquay.

Run as a traditional fish & Chips business the property offers the opportunity to introduce new lines such as pizza or kebabs if so desired.

Close by there are both Indian and Chinese food takeaways.

The present business is run on resituated hours to suit the vendor and these could be extended if so desired.

Current opening hours:
Tuesday to Saturday only 11.45 - 13.30 and 16.30 - 20.00

ACCOMMODATION
Lock-up shop unit. Total area 49.76 m2 (535 sq ft)

Internal Width 6.50m
Internal Depth 5.83m Net Area 35.95m2 (387 sq ft)

´Brelin Shire´ 2 pan gas range.
Kitchen Area 1.3m x 5.4m Stainless steel sink unit
Rear Prep Room 2.79m x 3.15m with potato peeler and ´Bold´chipper

Outside
Small yard leading to parking area for one vehicle.

SERVICES
The current business is run on restricted hours to suit the vendor. Full details of the last 3 years trading accounts will be available to genuine applicants once having viewed the property.

TERMS
Freehold of the whole building subject to a long ground leasehold of the upper floors which comprises a 2 story 3 bedroom maisonette. The maisonette is owned by Sanctuary Housing who are responsible for 61% of the building´s insurance.

Alternatively

Our clients will also grant a new lease length negotiable subject to 3 yearly upward rent reviews on an initial rent of £5,200 p.a.

VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

LEGAL COSTS
Each party to be responsible for their own legal costs.

SERVICE CHARGE
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060.


More information from this agent

Energy Performance Certificates (EPCs)

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