• COMPREHENSIVELY REFURBISHED & RE-EQUIPPED LICENSED RESTAURANT
Price:
Leasehold - £100,000
Location:
Cornwall, Truro
Business Type:
Commercial Property
• LARGE COMMERCIAL KITCHEN
• APPROXIMATELY 50 COVERS INTERNALLY, WITH A FURTHER 50 COVERS EXTERNALLY
• 2/3 BEDROOM OWNERS’ ACCOMMODATION
• TO BE SOLD WITH THE REMAINDER OF A 15-YEAR LEASE
LOCATION
Citron in the Park is located opposite Boscawen Park and is equidistant from the delightful riverside village of Malpas and the City of Truro, which is widely recognised as the retail, commercial and educational hub for the county.
PROPERTY
Citron in the Park is an attractive detached period property with the ground floor restaurant and bar areas being beautifully appointed with approx 50 covers. Externally is a decked terrace overlooking the park towards the river, with a further 50 covers. On the first floor can be found a spacious 2/3 bedroom owners flat with a private garden area to the rear.
BUSINESS
A restaurant has been situated at this location for in excess of 20 years, with Citron in the Park being launched earlier this summer having formerly traded as Astons and more historically as Trennick Mill. Our clients currently trade on a daytime basis, from 11.00 a.m. to 6.00 p.m. and plan to trade in the evenings on a Thursday, Friday and Saturday in the near future. The business is run by our clients with the assistance of part-time and seasonal staff and is now available owing to our clients further business interests.
The business is available by way of an assignment of the existing 15 year lease, commenced on 19th May 2008, with a 4 yearly rent review pattern, at a commencing rental of £15,000 per annum exclusive.
Please Note: The lease is excluded from the 1954 Act Security of Tenure Provisions.
North Yorkshire
£ 750,000
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