Overview
Seller Ref: B43018
Description
This is a wonderful opportunity to acquire a fully equipped catering business close to the Camel trail in the popular Town of Wadebridge. Our clients have successfully traded from the site as part of their existing brand, and now wish to assign the lease in order to concentrate on their other business interests. Owing to its prominent town centre location the site is bound to appeal to a wide variety of food operators and as such, an early viewing appointment is strongly recommended.
N.B. Our clients brand is not included within the sale nor are any accounts available
Leasehold Terms:
The premises are being offered by way of an assignment of the existing 10 year, FRI lease which commenced on the 11th June 2021 at a passing rental of £14,400 per annum payable monthly in advance. A copy of the lease is available from Miller Commercial upon request.
Location Details:
Wadebridge has long been acknowledged as one of Cornwall's most popular Towns and has benefited from significant investment in recent years, with a number of completed, and indeed, ongoing housing developments growing the population to circa 8,000. Wadebridge also attracts thousands of visitors each year who come to stay in one of the many nearby Holiday Parks and Hotels and is also a popular starting point for The Camel Trail which links the town to Padstow, which is a journey of some 6 miles. The subject premises are situated next to one of the busiest bike hire outlets in the Town and close to several car parks.
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
Listed By:
