Cafe to rentFriargate, Preston, Lancashire, PR1
- To Let
- Goodwill & Rent To Pay
- Commercial Property
- Ground floor
- Viewing is a Must
Friargate one of Prestons well known main roads across from UCLAN university in the heart of Preston City Centre.
Close to other retailers consisting of takeaways, restaurants, convenient stores, publics houses and university hall of residence.
This property has bundles of life. From the size to the decor. Over two floors this property has ample amount of light flooding into the shop. On the ground floor the main area consists of wooden floor, seating , large counter and all the equipment and good use of modern lighting.
The kitchen area is further up towards the first floor which consists of all necessary equipment to run a well established coffee and sandwich shop.
This business is a coffee shop / sandwich shop also providing hot and cold food. Customers including students, lecturers and business professionals.
All Fixtures and Fitting included and parking space for one car to the rear of the property.
The property is situated over 2 floors and provides the following approximate net internal floor areas:
Retail Zone A - TBA
Kitchen - TBA
First Floor Seating - TBA
Storage - TBA
All measurements have been made in accordance with the RICS Code of Measuring Practice
Mains electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.
Previously used as a coffee shop and sandwich shop. The premises are considered suitable for a wide variety of uses.
Prospective Tenant are advised to make their own enquiries of Preston City Council's Planning Department on 01772 906581.
A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.
The unit is available by way of a new and effectively full repairing and insuring lease subject to an upward only rent review for a term of years to be agreed.
The goodwill is £20,000 including all fixtures and fittings
Rent is £20,800.00 per annum, exclusive of VAT and rates, payable in advance by standing order and subject to contract
Rates payable for 2016/2017 are 49.3p in the £.
This property may be entitled to 100% rates relief dependant on circumstance
The Valuation Office Agency website describe the premises as being assessed as a “CAFE AND PREMISES” with a Rateable Value of £TBA
WE BELIEVE THAT THE COUNCIL MAY HAVE WAIVED BUSINESS RATES IN THIS AREA ( please check with the council)
RevaluationBusiness Rates has recently undergone a revaluation which will commence on 01/04/2017. The draft list is now available on the VOA website, for this and further information go to; www.gov.uk/voa/revaluation
Further one-year increase in small business rate relief
The current temporary increase in Small Business Rate Relief, which started on 1 October 2010, will now continue for a further 12 month period (to 31 March 2016).
The measure doubles the usual rate of relief so that ratepayers with rateable values below £6,000 pay no rates at all for the period, while ratepayers with rateable values between £6,000 and not more than £12,000 receive tapered relief from 100% - 0%.
All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.
All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.
Each party are to be responsible for their own legal costs incurred in the transaction.
Strictly through Kingswood on an appointment basis only.
Please contact Kingswood on:
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Energy Performance Certificates (EPCs)
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