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Restaurant for sale

A5 Retail Unit In A Prominent Location With Heavy Footfall

Withdrawn from Market £16,750

Property Description

Key features

  • A5 Retail Premises
  • High Street Location With High Footfall
  • Recently Refurbished
  • Late Night Licence
  • Renewable Lease
  • Premium in the region of £70,000

Full description

Winter Bargain / Retirement sale!!  A fantastic opportunity to acquire the lease of this superb A5 premises, successfully trading as a fast food takeaway outlet for many years. Measuring approx. 511 sq ft, the property is located on a thriving parade, close to other retail outlets, bars, clubs and the civic centre, the unit comprises: retail area including kitchen, rear store and W.C. The property further benefits from rear access via a shared service road and a late night trading licence. A premium of £70,000 is sought for the fixtures & fittings, stock & goodwill. Call now for further details and to arrange a viewing. We have been advised by the vendor that the rateable value for these premises is £12,000 and that the rates payable for 2016/17 are £5,808. This should be verified by Watford Borough Council. Rent:     £ 16,750 per annum Rates:   £ T B C   Lease:   Expires Sept 2018 (renewable) Premium: £70,000 ono


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