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Reference R4924

Restaurant Premises in St Helens For Sale

Register to see map and to make an appointment Occupying a corner position, main road, town centre position, MERSEYSIDE ST HELENS

Price 42,000 / 280,000

Features

Spacious Semi-detached Restaurant Premises (in Our Opinion offering Terrific Potential To Develop As A Fast Food Restaurant or Indeed A Coffee Bar)

Outstanding opportunity to acquire a spacious restaurant premises with Premises Licence for the sale of wines, beers & spirits, closed at present. Previously Chinese cuisine. In our opinion the premises offer potential for a number of cuisines.

GROUND FLOOR LARGE RESTAURANT AREA potential seating for 60 persons.

OPEN PLAN KITCHEN (needs fitting)

Disabled cloakroom with w.c. & wash hand basin
Ladies' cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with w.c. & wash hand basin

Large basement with dumb waiter to ground floor. The basement area is ideal for storage purposes.

First floor large storage area in our opinion having potention to convert into 2 bedroom accommodation.

Second floor
Lounge
2 Double bedrooms
Bathroom with bath, w.c. & wash hand basin

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of 23,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (The vendor is quite prepared to discuss a shorter lease, if desired).

RECOMMENDED FOR EARLY INSPECTION

Price

PREMIUM REQUIRED FOR THE NEW LEASE 42,000 subject to contract.

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY 280,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 21,000 (lease) 196,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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