Well-established Indian restaurant which has currently been trading for 32 years. The restaurant has 38 covers, a fully fitted kitchen, wooden floors, central-heating, alarm and male and female toilets.
Location
The premises are situated in a busy secondary parade of shops close to the junction with Parson Street. Nearby multiples include Lloyds Bank and M&S Simply Food.
Accommodation
Frontage - 17’ 6”
Internal width - 19’10”
Depth - 22’ 8”
Restaurant area - 450 sq ft
Kitchen - 171 sq ft
TOTAL - 621 sq ft
Terms
LEASE - A new full repairing and insuring lease to be granted for a term by arrangement subject to a five yearly rent reviews.
RENT - £20,000 per annum exclusive.
PREMIUM - £40,000 for the benefit of the fixtures and fitting and goodwill of the business.
RATES - Obtained from the www.voa.gov.uk website the rateable value is £13,500. This will currently receive 50% relief under the Small Business Rates Scheme and therefore the rates payable for 2018/2019 is £3,240 per annum. Interested parties should confirm annual rates payable with the Local Rating Authority.
EPC - C
LEGAL COSTS - Each party is to be responsible for their own costs incurred.