Columbus Ravine, Scarborough

LEASE FOR SALE | Fully equipped and well appointed 34 cover restaurant + 2 bedroom living accommodation above - if required. £48,000 ingoing required.

CPH bring to the market this leasehold opportunity that will appeal to a variety of operators. This well established restaurant comes to the market due to a well deserved retirement. The current owner is looking to grant a commercial lease for the whole premises, to include the 2 bedroom apartment above. If the residential element is not required then this can be leased out. The owner receives £460pcm current which would bring the rent of the restaurant down to approximately £10,000pa (£833.33pcm).

The restaurant comes fully equipped with tables and chairs, plates, cutlery, glasses etc and a commercial kitchen which includes a Hamoki gas grill, Lincat 6 ring gas hob and oven, fryer, double pizza oven, fridges and freezers, dish and glass washers, full extraction system to name a few items included.

The restaurant has traded very successfully over many years with its Turkish / Mediterranean influence but this restaurant could be used by operators of other cuisines. A new commercial Full Repairing and Insuring (FRI) lease is to be granted for a period to be agreed at a combined rent of £15,600pa. All enquiries to CPH Estate Agents.

Please note: The owner is seeking an 'ingoing' of £48,000 for all the fixtures, fittings and new lease. This is not negotiable.

Tenure: Leasehold

EPC:

Local Taxation: Restaurant RV - £5,300 (The property qualifies for 100% Small Business Rates Relief).
Flat - Council Tax - Band A