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Tarantell Italian Restaurant, 22 Main Street, Cockermouth, Cumbria, CA13 9LQ

Leasehold
£14,750

£10.21 per sq ft

Business rates & charges may apply

Carigiet Cowen Limited, Carlisle
SIZE AVAILABLE

1,445 sq ft

134 sq m

SECTOR

Restaurant for sale

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Key features

  • LEASEHOLD RESTAURANT BUSINESS OPPORTUNITY FOR SALE
  • BUSINESS ESTABLISHED IN 2007
  • SELLING DUE TO RETIREMENT
  • BUSINESS SALE PRICE £110,000
  • PASSING RENT £14,750 P.A.
  • NO VAT PAYABLE ON THE SALE OR RENT

Description

THE BUSINESS - TARANTELLA
The current owners took over the successful business in 2012, following the restaurant operation being established in 2007. The restaurant has a solid reputation and specialises in Italian food and boasts regular repeat custom and high customer service scores on Trip Advisor regularly.

The owners are looking to retire and therefore dispose of their leasehold interest in the property and sell the business, fixtures, fittings and goodwill. This is an exciting opportunity for an already established restaurant operator in the region or further afield, looking to take on an already successful and established business. The opportunity also lends itself to any small businesses or new start-ups looking to gain a high street presence in Cockermouth.

The current lease has now expired, and the landlord has indicated new lease terms would be offered to a purchaser of the business at the passing rent of £14,750 per annum exclusive. We understand VAT is not payable on the rent.

Full trading accounts will only be made available to seriously interested parties, following viewing. The business currently boasts positive turnover figures, profits and an established staff team.

22 Main Street comprises an attractive ground-floor-only property, currently operating as Tarantella Italian Restaurant. The shop front benefits from DDA accessibility, ramped access and floor-to-ceiling arched windows which provide high levels of natural light and window seating.

Internally, the accommodation is fully fitted out and operating as a restaurant. The demise was fully refurbished following the Cockermouth floods in 2011 and the current layout and fit out briefly comprises: -
* Mixture of fixed and movable tables and chairs
* Integrated bar area with built-in fridges, display shelves, sink and coffee machine
* Ceiling fitted air conditioning, heating, and cooling cassettes to each area
* 2 no. commercial kitchen areas with fridges, freezers, bread oven, pizza oven, sinks and recently installed gas cooking appliances
* Engineered oak floor coverings throughout the main restaurant areas
* Separate male, female and disabled WCs are installed to the rear of the restaurant areas.

Externally, to the rear of the property is a small yard area with a single car parking space.

FLOOR AREAS
Restaurant : 89.37 sq m 962 sq ft
Kitchens : 44.87 sq m 483 sq ft

SERVICES
Mains water, electricity, gas and drainage are connected to the property

Energy Performance Certificates

EPC 1

Brochures

About Carigiet Cowen Limited, Carlisle

Suite 2, Telford House Riverside View, Warwick Road, Carlisle, CA1 2BT

Notes

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Disclaimer - Property reference BB6474. 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 Carigiet Cowen Limited, Carlisle. 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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