No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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0 bed
0 bath

Property description & features

  • Tenure: Leasehold
  • Ground Floor Café & Bar
  • Prime Town Centre Location
  • Licensed Premises
  • Traditional Victorian Building
  • Popular Town of Market Harborough LE16
  • Outside Seating Available
  • Non Domestic EPC Rating: D
  • Tenure: Leasehold
  • First Floor Restaurant On Sub Lease
  • Parking and Deliveries To Rear

*Established Business For Sale* Located within the heart of Market Harborough Town Centre, Leicestershire, LE16, occupying a prominent and thriving position, The Square 53 Caf? Bar and Restaurant offers a superb opportunity to acquire a well run and superbly presented business having high levels of footfall and passing trade. Located within a delightful 1930's Georgian style building the ground floor offers an open plan seating area with bar having approx. 50 covers, customer toilets, fitted kitchen, cellar and office. The first floor restaurant is sub-let having a self contained ground floor access and is included within the sale. Outside there is the option of seating for approx. 45 covers, the rear yard has a shared access for deliveries, allocated parking space and rear storage space.

Council tax band: X, Tenure: Leasehold,

Rooms

Accommodation Not provided

Restaurant Floor and Bar 12.32m x 8.03m
Spacious open plan restaurant seating area with bar, glass washer, space for fridges, tiled and hardwood flooring, bench seating, lobby entrance and doors to all areas.

Gents Toilets 5.99m max x 2.03m

Ladies Toilets 3.71m x 2.82m approx

Kitchen 2.62m x 6.71m
Fitted commercial kitchen comprising stainless steel food prep areas, oven, microwave, heat lamp table, sink and drainer unit, dishwasher.

Fridge/Lobby Area 3.18m x 3.89m
Space for freestanding fridges and chillers, boiler, access to office and cellar.

Office 1.96m x 1.73m

Cellar 3.23m x 2.03m

First Floor Restaurant Not provided
Self contained ground floor entrance, open plan seating area, bar, customer toilets, fitted kitchen and stores.

Tenure Not provided
The property is to be sold on a leasehold basis having a 20 year term commencing 1st April 2022. Rent payable is £43,000 per annum with a rent received of £17,200 from the first floor restaurant via a sub lease agreement. Outside seating is available providing 45 covers at £100 per annum.

Licensing and Business Rates Not provided
The property is licensed to trade from 9am to 2am Monday through to Sunday.Business Rates;The ground floor property has a rateable value of £34,750, potential purchasers should make there own enquiries to verify at the time of sale the sum of rates payable.

Planning Not provided
The property has A3 planning consent to the ground and first floor.Y/E 31/07/2018

Legal Costs and Confidentiality Not provided
Each party is to bear their own legal costs incurred in this transaction. The price may be subject to VAT provisions. Possession will be available upon completion of legal formalities.

Viewing Arrangements Not provided
Viewings are strictly by appointment only. Please contact one of our sales experts at our Oadby office or via email.

Money Laundering Not provided
In line with current money laundering regulations, prospective buyers will be asked to provide us with photo I.D. (e.g. Passport, driving licence, bus pass etc) and proof of address (e.g. Current utility bill, bank statement etc). We ask for your cooperation in this matter as this information will be required before a sale can be agreed.

Agents Notes Not provided
All measurements, planning and licensing information are supplied for guidance only, and the potential purchasers should satisfy themselves as to their accuracy. Note that where a property is still trading, staff may be unaware of the proposed sale, so discretion is vital. Please channel all enquiries through this office! These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. All services and appliances have not and will not be tested by Newton Fallowell. Lease d

Thinking Of Selling Your Home? Not provided
If you have a house or commercial property to sell then we would pleased to provide you with a free no obligation valuation.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.