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Mid Glamorgan, CF37 1SN

Leisure for sale

£37,000
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Total price
SOA
Space

An Outstanding Fully Licensed Restaurant situated on this busy thoroughfare occupying a prominent position with a double frontage. The property comes with a comprehensive inventory of professional catering equipment and associated restaurant fixtures and fittings. Highest of Recommendations.

The property is available on a Lease transfer with an Ingoing Premium of £37K with a current monthly rent of £1666.66.

Occupying the ground floor of the property, circa 1800 sq ft, the premises comprise a large and versatile customer dining area, professional kitchen with comprehensive inventory of equipment included, large ventilated canopy, service rooms, and customer washrooms.

The first floor has been partially renovated and requires finishing. This area currently includes a large central room with additional bar area, lounge, W.C. facilities and further service rooms.

The premises are beautifully presented, spacious and versatile, offering a fabulous business opportunity for restaurateurs.

The locale is densely populated with a mixture of traditional homes, student accommodation, and commercial businesses.

Specifics:

Ingoing Premium Required: £37K

Rent: £20K per annum.

Insurance: circa £1K pa.

Agency Fee: 15% of Advertised Ingoing.

Lease: Lease Assignment, Renewable/Open.

We advise any interested parties to make their own enquiries with RCT Council with regard to the current business rates payable on these premises.

Full details on application.

We will require written confirmation of funds prior to viewing this property. Call David's Homes & Commercial to discuss terms and arrange a suitable viewing of the premises.

VIEWINGS STRICTLY BY PRE-ARRANGED APPOINTMENT WITH SOLE AGENT, DAVID`S HOMES AND COMMERCIAL.

Listed Features

  • Multiple Frontage
  • Restaurant
  • Lounge Area
  • Refurbished
  • Kitchen
  • WC Facilities
  • Multiple floors
  • Catering
  • Restaurant
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