Hot Food Bar & Licensed Restaurant Opportunity For Sale

Business description

• Sales circa £2,500 weekly prior to closure.
• High quality fit with up to 60 covers.
• Adjacent to Centre for Life and Jury’s Inn.
• Ill health forces reluctant sale.
• Huge potential for new owners.
• Spacious 3 storey premises.
• LEASEHOLD £125,000/OFFERS

Property information

Property:

Leasehold

Lease terms:

The premises are currently held on a 20 year FRI lease from 2011. The current rent is £20,000 per annum and there are 5 yearly rent reviews and break clauses. The ground and basement floors only may be available at a reduced rent. Interested parties should seek legal confirmation of this.

Leasehold rent:

£20,000 per annum

Location:

The premises are well located for their current use being close to a number of other bars and within easy walking distance of the City centre. The unit is also opposite Jury’s Inn which forms part of a large office and residential complex and it is also near the Centre for Life which is a popular visitor attraction.

Premises details:

The premises a substantial 4 storey mid terrace building.

Planning consent:

The unit has specific planning consent for hot food (A5) on the ground floor, a restaurant (A3) on the 1st floor and offices (A2) on the 2nd floor.