Independent Substantial YP Venue And Licensed Business Peterborough For Sale

Business description

Cambridgeshire City centre

Over view of our Managing Director :

The firm has been instructed by the owners as sole appointed agents to offer as a Leased Freehouse assignment of this strategically located substantial fully licensed property & business

? 7,500 sq ft over two trading floors
? Licensed ground floor 300 – First floor 330 ( 630 total)
? “Feeder” road to main licensed retail circuit with “brands”
? Trendy Bar & Grill ground floor with late night “club” to 1st floor
? Licensed 11am through 6am
? Parking and external area
? Existing 10 year lease from November 2008 (new lease an option)
? Rent £44,000 p.a. currently discounted to £22,000 p.a. due to ongoing development of property
? Sold without “goodwill” due to recent commencement of business
? Private investor freeholder – may sell freehold
? Completely FOT (free of tie)
? Flat roof covers 2/3 of roof space , ideal as “roof garden” (Subject to planning permissions)
? City Population 82,600
? 45 minutes central London

“This business sits on a busy City centre feeder route with the property holding a large footprint . Options are practically limitless.

Property information

Property:

Leasehold