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Reference R5433

Vacant Catering Unit in Bristol For Sale


Register to see map and to make an appointment Excellent trading position CITY CENTRE, BRISTOL BRISTOL

Price 50,000

Features

Spacious Empty Premises

We understand the premises currently have a Full On Licence with planning permission for a Karaoke Bar and able to open until 2 a.m. in the morning.

The present owner is applying for change of use to A3 in order that the premises can be operated as a Restaurant/Bar, however, we understand that if the planning permission is granted the hours of opening will be restricted to 12 midnight.

TOTAL GROUND FLOOR AREA 1,700 sq. ft. The present tenant is in the process of refurbishing the ground floor. Air conditioning/heating. Air extraction. New ceiling with sound proofing. LARGE BAR approximately 17' long.

LARGE AREA which we understand will be completed to a high standard & providing total seating for approximately 70 persons.

Newly fitted ladies' cloakroom with 2 w.c's, 2 wash hand basins
Newly fitted gentlemen's cloakroom with w.c. 1 urinal, wash hand basin

KITCHEN plus PREPARATION AREA will be partly newly fitted by the present tenant.

New wash-up area
New staff w.c.

Tenure

We understand the premises are held on a secure renewable lease for a period of 10 years from March, 2014 at a current rental of 17,000 p.a. exclusive of rates increasing each year up to a maximum of 20,000 p.a. exclusive of rates at the fifth year.

THE PRESENT TENANT IS CONFIDENT THAT HE WILL OBTAIN THE A3 USE AND IN OUR OPINION THE PREMISES HAVE TERRIFIC POTENTIAL TO OPEN AS A RESTAURANT/BAR.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE 35,000 subject to contract
LOAN POSSIBLE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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