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Commercial Property for sale

West Street, Boston

Guide Price £37,950

Property Description

Key features

  • Established Restaurant Business
  • Prominent Town Centre Location
  • Currently 16 Covers Internally

Full description

An opportunity to purchase a well established restaurant business situated in the town centre of Boston in an area of high footfall and traffic.

Accommodation -

Restaurant - Ground floor seating area having approximately 16 covers and houses the counter. Through a wood and glazed door leading to:-

Passageway with further door to

Kitchen - Having a range of upgraded cooking and washing facilities comprising:- 6 hot plated cooker hobs with separate oven and grill; stainless steel double sink unit with drainer and mixer tap; matching splashback with shelving above; further stainless steel food preparation table with tiled splashback above.

Cloakroom - Having w.c.

Utility Store - With stainless steel freezer and storage shelving.

Agents Note - The present owners have enjoyed the extra benefit of personal permission to use a front outside designated area for the provision of refreshments, subject to Local Authority conditions. Interested parties must make their own enquiries to Lincolnshire County Council to ascertain future permission.

Tenure - Leasehold
The current tenants have signed a 5 year lease from March 2016 at a commencing rent of £7140 pax. A copy of the lease is available for inspection at our Boston office.

Business Rates - From information taken from the VOA website, we understand the current Rateable Value assessment is £6,400. Interested parties should make their own enquiries with Boston Borough Council (01205 314200) as to the amount of business rates payable.

Accounts - The current owners have provided their own unaudited Income and Expenditure Accounts for 2013, 2014, and 2015. A copy of these accounts can be inspected at our office. Purchasers must satisfy for themselves they are satisfied with these accounts. The Agents accept no responsibility for the information contained in these accounts.

Legal Costs - The ingoing tenant to be responsible for the landlord's reasonable legal costs.

Epc - Rating D.

Planning Permission - Purchasers must satisfy themselves the Planning Permission for the commercial premises is suitable for their requirements from Boston Borough Council Planning Department on 01205 314200.

Viewing - By arrangement with the Selling Agents, Bruce Mather Ltd. Tel: 01205 365032.

Note: All measurements are approximate. The services, fixtures and fittings have not been tested by the Agent. All properties are offered subject to contract or formal lease.

Bruce Mather Limited, for themselves and for Sellers and Lessors of this property whose Agent they are, give notice that:- 1) These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of any offer or contract; 2) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending Buyers or Tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy; 3) No person in this employment of Bruce Mather Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.

More information from this agent

Map & Street View

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