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Il Panino, 1-3 Market Street, Bridgend, CF31 1LL

£817 pcm
£9,800 pa

£10.64 per sq. ft.

Business rates & charges may apply

WATTS & MORGAN LLP, Bridgend
SIZE AVAILABLE
921 sq. ft.
(86 sq. m.)
SECTOR
Restaurant to lease

Lease details

Lease type:
Long term

Property description

LOCATION
The property is situated in a prominent town centre location on the corner of Market Street and Dunraven Place immediately adjacent to HSBC Bank plc and opposite Bridgend General Post Office.

Bridgend is the administrative centre serving Bridgend County Borough with the town attracting the usual high street banks and a number of multiple retailers.

DESCRIPTION
The property briefly comprises of a very well presented three storey town centre property that is long established for use as a Licenced Café/Coffee Shop providing well configured and well presented accommodation over three floors. The property briefly provides the following accommodation:-

Ground Floor Sales/Dining: 26.48sq.m (285sq.ft) NIA
First Floor Dining: 33sq.m (355sq.ft) NIA
Second Floor Kitchen/Ancillary Storage: 26.08sq.m (281sq.ft) NIA
WC

The property is very well presented externally having been completely refurbished in 2007/ 2008. The property has the significant benefit of pavement dining and a recently installed electrically operated canopy.

TERMS
The property is held under terms of a secure lease for a term of 10 years from 10th March 2020. The lease contains tenant only break clauses exercisable January 2022, 2025 and 2027.

The current rent passing is in sum of £9,800 per annum exclusive with the lease containing 3 yearly rent reviews with the next rent view date being 29th January 2023.

There is the possibility of a new lease direct from the property landlord, if required.

THE BUSINESS
This long established and profitable Café/Coffee Shop Business has the benefit of both inside and outside dining and a busy takeaway and delivery service that has expanded in recent times and proven to be particularly successful over the course of the last 12 months or so.

Further details on application.

PREMIUM
Premium offers in excess of £45,000 are invited for the lease, business goodwill and trade fixtures and fittings.

VAT
All figures quoted are exclusive of VAT if applicable.

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

VIEWING
Strictly by appointment only through
sole selling agents:

Messrs Watts & Morgan LLP
Tel:
Email:

Please ask for Dyfed Miles or Sara Magness

Brochures

Il Panino, 1-3 Market Street, Bridgend, CF31 1LL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bridgend Station0.2 miles
  • Wildmill Station0.9 miles
  • Sarn Station2.2 miles

About WATTS & MORGAN LLP, Bridgend

1 Nolton Street, Bridgend, CF31 1BX

WATTS & MORGAN LLP, Bridgend
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Notes

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Disclaimer - Property reference 100565028156. 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 WATTS & MORGAN LLP, Bridgend. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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