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Restaurant For Sale in - Guide Price £40,000

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The property is conveniently located on Cheriton High Street within a wide array of uses such as Restaurants, Estate Agents, Betting Shops, Cafés and Charity Shops. The property which has been recently fully refurbished and fitted out to a high standard comprises:-


Return Frontage 22.05 m
Retail Area 450 sq ft/ 41.83 sq m
Seating Covers: 26
Bar 3.3 m
Bar Stools 6

2 W.C.'s (1 Disabled)

Store Area 86 sq ft /7.96 sq m

Kitchen Area 155 sq ft /14.39 sq m

Wash Room Area 63 sq ft /5.89 sq m

Hall Store Area 39 sq ft /3.58 sq m

Retail Forecourt Covers 16

The property has been fitted out with
tenant's fixtures and fittings suitable to the nature
of the business. An inventory is available upon request.

Let on a effectively fully repairing and insuring
lease from 16th August 2015 for a term of 15
years, at a passing rent of £10,000 per annum. A copy of the lease can be provided upon request.

TERMS - £40,000
Premium offers are invited for the business
Including tenant's fixtures and fittings and
an assignment of the lease, plus stock at valuation.

Note a quarters rent deposit will be required.

Incoming tenant to be responsible for the lessees and landlord's reasonable legal costs in the sale of the business and assignment of the lease.

From a search of the valuation offices website, we
have established the Rateable Value - £7,100.00.
This property may qualify for small business rate relief.

12 Noon till 10:30 pm

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Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.