Restaurant for sale
Property description & features
- 3 year unexpired term of lease
- To include a comprehensive and valuable inventory of trade fixtures and fittings
The 3 year unexpired term of a lease in respect of
An attractive business opportunity has presented itself with the sale of the unexpired lease on this very attractive Bar/ Bistro with comfortable living accommodation, excellent appointed kitchen, preparation room and stores, with private beer garden at the rear.
Conveniently located just off the town centre there is an opportunity to establish a successful business
To include a comprehensive and valuable inventory of trade fixtures and fittings
Rent: £16,452/annum exclusive
Newtown is the largest town in Mid Wales with a wide range of local and national shops, supermarkets. It is served well by a main line railway station and other amenities.
The attractive premises are situated just off the main shopping centre and comprise:
Entrance: With Ladies, Mobility and Gents toilets and access to:
Beer Garden.
Bar/Bistro:
A large split level ‘L’ shaped room with 14’ bar and ‘olde worlde’ features creating a lovely atmosphere for the 48 covers available.
Kitchen:
A well-appointed and fully serviceable kitchen with Utility/preparation room and toilet off.
Upstairs Living Accommodation:
Living Room, Kitchenette, Bedroom, Shower Room, Cellar and Store Rooms.
Attractive multi level beer garden with covered area at the rear.
Lease:
This can be inspected at the office of the agent by prior appointment.
The Landlord will have no objection to renewing the 5 year lease, subject to approval.
Services:
Mains water, electricity gas and drainage.
Note:
The services have not been inspected or examined by the selling agents.
Measurements:
The measurements contained in these particulars are approximate and for guidance only.
Local Authority:
Powys (Montgomeryshire) County Council, Powys County Hall, Spa Road East, Llandrindod Wells, Powys, LD1 5LG.
Outgoings:
Rent:
£16,452/annum ex.
Insurance:
£2833.65 (paid monthly with the rent £236.13)
Rateable Value:
£5,900 (possibly subject to Small business rate Relief)
A copy of the inventory of the valuable trade fixtures and fittings is attached. (The list is not exhaustive.)
Viewing:
Strictly by appointment with the Selling Agents.
Directions:
Parkers Lane is off the junction of Short Bridge Street with Broad Street.
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