Farm and Field Bar & Grill - 39 High Street, Princes Risborough

Great business lease opportunity

Premium £130,000 LH

Affluent trading location

EPC - (E) 117
VAT - Applicable on the rent
Size - Circa 2000 Sq. ft
Legal fees - Each party to bear their own
Premium - £130,000
Rent - £30,000 per annum

The property is a 2 storey brick built property with roof terrace on the top floor. With trading over all 3 floors to include Ground floor Restaurant, Kitchen, Cellar with store room, Accessible W/C and Office. The first floor offers a bar and restaurant area, and the top floor is a well appointed roof terrace.

Location - The property is located on the centre of the High Street, close to Market Square.
Princes Risborough is a market town in Buckinghamshire and it is located about 9 miles (14 km) south of Aylesbury and 8 miles (13 km) northwest of High Wycombe. It lies at the foot of the Chiltern Hills, the south end of which is at West Wycombe. The A4010 road follows this route from West Wycombe through the town and then on to Aylesbury.

Terms - Offered for sale by way of a lease assignment - The current passing rent is £30,000 per annum + vat. The current lease expires in December 2041 - 16 years remaining.

The business premium is £130,000 for the leasehold interest in the property, fixtures and fittings, goodwill and any licenses to transfer. (some personal effects will be excluded including the roof canopy)
Stock will be sold at valuation on the handover day to the new owners of the business.

Services - All mains services are connected to the property to include mains gad, electric, water and drainage, these services have not been tested by the agent.