CUMBRIA – FAMILY RUN COFFEE SHOP & RESTAURANT IN LAKE DISTRICT MARKET TOWN

  • Leasehold Price: £70,000
  • Annual Turnover: £311,393
Kendal, Cumbria, England
Seller Ref:94103
For Sale

CUMBRIA – FAMILY RUN COFFEE SHOP & RESTAURANT IN LAKE DISTRICT MARKET TOWN

Kendal, Cumbria, England
Seller Ref:94103
  • Leasehold Price: £70,000
  • Annual Turnover: £311,393

Overview

Seller Ref: 94103

Description

Exciting opportunity to purchase an established town centre cafe/restaurant within the Lake District National Park
Lake District market town
Established Café/Restaurant
Ground floor lock up premises
Open plan trade area (50)
Well equipped trade kitchen
Seven year renewable lease

Leasehold Terms:
The Property is held on a fully repairing and insuring lease from a private landlord for a term of ten years commencing March 2020. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent £2,200 per calendar month subject to three yearly rent reviews, the next is due in March 2024. The lease is free of all trade ties.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation
Website address:
https://www.sidneyphillips.co.uk/business-detail/94103

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