This property has been removed by the agent. It may be let or temporarily removed from the market

View similar properties

Pub to rent

Bar Ra Ra, Market Place, Grantham, Lincolnshire, NG31

£28,000 pa| £2,333 pcm

Property Description

Commercial information

  • Use class orders: A1 Shops, A3 Restaurants and Cafes, A4 Drinking Establishments and A5 Hot Food Take away

Letting information:

Furnishing: Furnished

Full description

Tenure: Leasehold

Location

The property is located in the heart of Grantham's leisure pitch in the Market Place, surrounding uses to the unit are a mixture of leisure and retail uses with a number of independent and national operators.

Grantham is situated approximately 24 miles to the east of Nottingham and 26 miles to the south of Lincoln and has a population in excess of 41,000. In addition the town sits on the East Coast Mainline and has a shortest travel time of 1 hour.

Description

The property comprises a mid terrace property with accommodation at ground and basement levels.

To the ground floor is a bar area with seating, cellar, glasswash and staff toilet. To the basement is a further bar area, dance floor and customer toilets.

Tenure

The property is occupied by way of lease for a term of 10 years from 24/06/2013 at a passing rental of 28,000 per annum. The lease provides for 5 yearly upwards only rent reviews.

Trading Information

Full Trading, Profit and Loss accounts will be made available to seriously interested parties who have viewed the property.

Licensing

A copy of the premises licence can be provided upon request.

Price

Offers of 25,500 are sought for the benefit of the lease, fixtures and fittings and goodwill of the business.

Trading Hours

The property is currently trading Thursday through to Saturday from 11pm to 3am. The business therefore provides for growth by extending the current trading hours.

Rateable Value

From Enquiries with the Valuation Office web site, the property is assessed as follows

Rateable Value - 15,250
Rates Payable 2016/17 7,579.25

Fixtures and Fittings

All fixtures and fittings will be included in the sale

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction



More information from this agent

Map & Street View

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference MCBARRARA. 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 Oak Property Consultants, Nottingham.

Please refer to our Renting Guides for further information on how to safely rent a property.

Map data OpenStreetMap contributors.