Commercial Property to rentRESTAURANT FOR SALE (LEASEHOLD) - L'Opera, 21 Bridge Street, Kidderminster
- FULLY TRADING
- SUBSTANTIALLY EQUIPPED
- READY FOR IMMEDIATE TRADING
- GOOD CLIENTELE
- CENTRAL LOCATION
- AVAILABLE DUE TO OWNER MOVING AREA
FULLY FITTED & EQUIPPED TRADING RESTAURANT - LEASE FOR SALE - Offers based on £20,000 subject to Contract - Passing Rental £29,000 pa exc.
The property is located in a prime retail pitch of the High Street in the heart of Kidderminster town centre and immediately accessible to Weavers Wharf, Kidderminster College and the wider town centre and all its facilities.
The property comprise a well and extensively fitted fully trading restaurant for 50 covers with full kitchen, bar , offices, storage and is fully licensed.
Public Car parking is available near by and the site accommodates one parking space. To the side of the building is a decked area which could be utilised for external dining.
Bar Reception 216
First Floor Office 118
TOTAL AREA 1,522 sq ft
The property is available on an existing lease for a term of with approximately 7 years remaining at a passing rental of £29,000 per annum.
Offers are sought of £20,000 subject to contract for the lease and all of the furnishing, fixture, fittings and chattels.
The property has existing use as A 3 restaurant and is fully licensed (licence No WF/2013472 dated March 19th 2013 - Wyre Forest District Council)
Prospective purchasers should satisfy themselves as to both the existing and intended uses of the property with Planning Authority.
Wyres Forest District Council
Wyre Forest House
Kidderminster DY11 7WF T: 01562 732 928
Tenants are responsible for business rate and are advised to confirm their rates liability with the local rating authority. The current rateable value is £19,750.
Each party will responsible for all their own costs in respect of this transaction.
VAT is payable on the rental.
FIXTURE AND FITTINGS
The property is to be let as seen and includes all furniture, fittings, equipment and sundries.
Strictly by appointment with the Agents on 01384 392 371
VAT maybe levied on the purchase price / rentals or other outgoings
The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify they are in working order or fit for their purpose. The tenant is advised to obtain verification from their solicitor or surveyor.
The successful purchaser will need to provide either a satisfactory bank reference and / or two trade references for approval.
The successful tenant will be required to submit proof of identity, in accordance with money laundering regulations.
Fixtures & Fittings
Any fixtures and fittings not expressly mentioned within these particulars are excluded from the transaction.
Areas & Dimensions
All areas and dimensions are deemed to be approximate only.
© Walton and Hipkiss
Property ref: 121_1560_4069244
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