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Restaurant for sale

Kingsbridge

Withdrawn from Market £200,000

Property Description

Key features

  • Fabulous Bar/Restaurant opportunity in heart of the South Hams
  • Character Building with Trading & Ancillary Space on Ground Floor
  • Parking Available by Separate Negotiation
  • Shell Unit Ready for Fit Out
  • Available on 999 year Lease at Peppercorn Rent

Full description

DESCRIPTIONThe Kings Arms is a Grade II Listed former Coaching Inn. The ground floor is currently closed and available on a long leasehold basis or alternatively on a shorter, full repairing and insuring commercial lease at a guide rent of £20,000 per annum with further terms to be agreed. The premises is presented as 'shell' unit, ready for an incoming operator to fit out, equip and decorate.OPPORTUNITY There is a significant lack of quality bars and restaurants in Kingsbridge and the surrounding area to serve demand. The former Kings Arms would make an ideal central high street location for a stylish operation aimed at serving this large town and the surrounding catchment area which swells considerably in numbers during the Summer months.


OPPORTUNITY  
There is a significant lack of quality bars and restaurants in Kingsbridge and the surrounding area to serve demand. The former Kings Arms would make an ideal central high street location for a stylish operation aimed at serving this large town and the surrounding catchment area which swells considerably in numbers during the Summer months.

TENURE  
The property is being offered on a 999 year lease (long leasehold interest) at a peppercorn rent. The property will be subject to a service charge agreement with an appropriate apportionment to be confirmed. Further enquiries to Matt Bettesworth or Genevieve Stringer on 01803 212021. matt@bettesworths.co.uk or genevieve@bettesworths.co.uk.

SERVICES  
We have been advised that the property is connected to all mains services.

EPC EXEMPT (Listed building) 

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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