Overview
Seller Ref: 94480
Description
Seaside town on Jurassic Coast
Unique catering opportunity: 3 stations and moving train
High levels of tourism
Well-equipped catering kitchen
Lock-up
New franchise lease
Leasehold Terms:
TENURE - New lease opportunity. TERM - Three years. LEASE - A furnished let with the Freeholder retaining ownership of the fixtures and fittings and effects. The Lessee to repair and replace like-for-like. LANDLORD & TENANT ACT 1954 - Excluded from the security provisions of the Landlord & Tenant Act 1954. DEPOSIT - To be confirmed. RENT - A base rent of £6,750 per annum, paid monthly in advance. Turnover rent of 9% up to £130,000 of net takings, then 5% thereafter. REPAIR LIABILITY - This is a part repairing and insuring lease with the Freeholder retaining responsibility for the structure of the buildings. The Lessee will be responsible for the internal and external decoration. TIE - Free of all trade ties. SERVICES - Services are included in the foregoing rent. VAT - VAT will not be applicable.
Location Details:
Swanage Railway, Station Road, Swanage, Dorset, BH19 1HB
Is this business relocatable:
No
Is accommodation included:
No
Is stock included:
NA
Website address:
https://www.sidneyphillips.co.uk/business-detail/94480
Listed By:
