Catering premises for sale in Crediton

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Lease for Sale - Attractive Fully Equipped Cafe & Restaurant Premises

Crediton, Devon, England

  • Leasehold Price: £22,500
Seller Reference: 1908
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Business Description
 
 
 
 
 
 
 
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Seller Reference: 1908
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Business Description
Until recently the premises have traded as the “Untamed Thai” restaurant and is fully equipped to provide high quality Thai or Asian cuisine. The proprietor has recently won a “Silver” award from Taste of the West. Sadly, due to personal circumstances the owner of the business is reluctantly selling his leasehold interest along with the extensive equipment and furniture which was purchased and installed in 2019. A premium of £22,500 is sought for the catering equipment and furniture which cost well in excess of this figure. The business is not being sold and the vendors are not seeking any premium for goodwill.

There is an existing commercial lease in place and the vendors will be assigning this to the purchaser.
Tenure:
Leasehold
Location Details:
The premises are prominently situated on the High Street close to the popular Mitre Inn, Evans Newsagents and AJ Cox quality butchers. The Co-Op convenience store and Stewart Price Optometrist are located opposite. The High Street is characterised by an exceptional variety of independent retailers, restaurants, delicatessens, public houses and professional firms, along with national occupiers such as Boots the Chemist, Tesco Express, JD Wetherspoon and Lloyds TSB.
Leasehold Term:
Premium £22,500 Rent £16,000 pax
Downloadable Documents:
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