Successful Restaurant for Sale in Nantwich. 5 Bed Flat. Huge Car Parking Space
MAIN FEATURES
- Substantial Restaurant Property in a Historic Building
- 5 Double Bedroom Accommodation in Excellent Condition
- Potential to Convert into Hotel/Serviced Accommodation Use (STPP)
- 25 Car Parking Space
- A Grade I Listed Building with Large Rear Garden
- Fully Fitted Modern Commercial Kitchen in Place
- Benefits from Premises and Wedding Licence
- Fully Refurbished to a High Spec in 2019
LANDLORD’S REQUIREMENTS
- 3-6 Month’s Rent deposit subject to references
- Personal Guarantor subject references
- Proof of funds
- Accountant’s references
- Trade references
LEASE DETAILS
- Grant of New FRI Lease (Inside the LTA 1954)
- Lease Terms to be discussed
- Initial Rent: £85,000 PAX
- Rent Review: Every 5 years
- Premium: 225,000 (Business, Lease & FF&E)
RESTAURANT PREMISES
- Restaurant Circa 118 Covers
- Total Circa 8000 Sq. Ft ( Restaurant : 3380 Sq. Ft )
- Meeting Hall & Private Room in the First Floor
- Substantial Rear Garden
- Business Rates: Circa £11,976 (Rateable Value: 24,000)
- Fully Fitted Commercial Kitchen with ample Storage
- Alcohol & Wedding Licence in Place
- Opening Hours: Wed-Sat: 12pm – 10pm & Sun: 12pm to 4:30pm
- Monday & Tuesday Closed
OWNER’S ACCOMMODATION
- Well Maintained 5 Double Bedroom with it’s own access
- Circa 2000 Sq. Ft
- Fitted with 3 Bathrooms, Kitchen & Dining Room
- Potential to Convert into Hotel/Serviced Accommodation Use (STPP)
- Currently used by owners
THE LOCATION
- Nantwich CW5
- Prime location in popular and affluent Cheshire Tourist Town
- 0.4 Miles from Nantwich Station (Transport for Wales)
TRADING
- Gross Turnover: Circa £17,000/week (£816,000/annum) (As per the seller)
- Currently Trading as Restaurant and Bar till Midnight
- Currently our clients manage the restaurant with 15-20 Staff
REASON FOR SALE
VIEWINGS (STRICTLY THROUGH Restaurant Property Sellers)
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.