A well presented and fully fitted fish and chip takeaway of approximately 525 sq ft benefiting from air conditioning, frying range and commercial extraction. The property is situated in a prominent position on the junction of West Town Lane and Bath Road, opposite Lidl super market next to Domino's. The takeaway is also available to let at £12,000pa (subject to ingoing premium of £45,000). The freehold is available for sale at £195,000 to include a full inventory and would be ideal for owner occupation. Alternatively our client may consider a lease back at £12,000pa and to offer for sale as a freehold investment.
A modern fitted takeaway of approximately 525 sq ft presented and equipped to a high specification including a Kiremko Frying Range, CCTV, hot and cold air conditioning, electric water heater, electric roller shut and a forecourt currently used as customer seating.
Situated in a mixed rank on West Town Lane, close to the junction with Bath Road, opposite Lidl supermarket. The property benefits from street parking to the front.
The property is available on the following bass:
1) A new lease at £12,000pa subject to an ingoing premium of £45,000 to include a full inventory
2) A freehold of the property to suit owner occupation, to include a full inventory (excluding the flat above/behind)
3) A freehold of the property subject to a lease back to the current owner at £12,000pa, i.e an investment purchase.
BUSINESS RATES -
The rateable value with effect from April 2017 is £4,850. We therefore expect those eligible for small business relief to benefit from 100% rate relief. We advise all interested parties to confirm directly with the local authority.
TENANT APPLICATION FEE (APPLICABLE TO LEASEHOLD ONLY) -
The ingoing tenant will be charged an application fee of £250 plus VAT (£300 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.
Rating: E (Sept 2017)
FLOOR PLAN -
A floor plan is provided for indicative purposes only and should not be relied upon.
All figures quoted are exclusive of VAT unless otherwise stated.
Strictly by Appointment with Maggs and Allen
CONTROL OF ASBESTOS -
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
Maggs & Allen use all reasonable endeavours to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.