Westgate Grill Café/Diner, Business For Sale, 5 Westgate, Peterborough, PE1 1PX
- SIZE AVAILABLE
1,933 sq ft
180 sq m
- SECTOR
Cafe to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Café/Diner plus 4 bedroom Living accommodation to the 1st and 2nd Floors
- £150k Premium for the Business to include fixtures, fittings & Goodwill
- Passing rent to include commercial and residential - £33,400 PA
- Well established business
- Trading information available upon request
Description
The residential floors comprise of family kitchen/dining space a good sized living room, 4 bedrooms and ample additional storage/ dressing room space. The outdoor space is a communal courtyard for bin storage only.
Viewings will be arranged strictly by appointment via the agents P and F Commercial. Prospective purchasers will be required to submit details of their interest and viewing will only be arranged once the current tenant has approved the application. Purchasers should email with details of current experience together with proof of funds for the premium.
Westgate is a popular retail hub just a 5 minute walk into the square. Westgate Grill is attached to Westgate Arcade and is part of the Queensgate Shopping Centre, this is the home to a host of Independent & high street retailers featuring everything from accessories, fashion, essential services and food/ takeaways.
A new 5, 10 or 15 year FRI lease - Rent is £33,400 per annum in addition to a single premium payment of £150,000 to include Goodwill, fixtures & fittings. A deposit equal to 3-months rent will be required and there will be a contribution to the Buildings Insurance arranged by the Landlord. Rent is paid quarterly in advance. Tenants will be liable for their own utilities and rates payable.
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.
Brochures
Westgate Grill Café/Diner, Business For Sale, 5 Westgate, Peterborough, PE1 1PX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Peterborough Station0.3 miles
P&F Commercial are the only dedicated sole Commercial Estate Agency in Rutland with unrivaled regional knowledge and forty years’ combined experience. P&F Commercial can offer the kind of assurance and exceptional personal attention clients know they can depend on when making important commercial property decisions.
Notes
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