Description
INGOING PREMIUM …. £175,000 to £250,000
A VERY WELL KNOWN AND EXTREMELY SUCCESSFUL RESTAURANT WITHIN THE BUSY HEART OF THE POPULAR RESORT AVAILABLE AS A “GOING CONCERN”
* CIRCA 1264FT (117 SQ M) – DOUBLE FRONTED RESTAURANT
* APPROX 90 COVERS PLUS 24 COVERS ON PATIO
* FULLY EQUIPPED AND FURNISHED
* EXCELLENT TURNOVER & PROFITS
* NEW LEASE AVAILABLE
* RENT – £50,000 to £65,000 PA
Leasehold Terms:
* New Lease for say 10 years commencing as soon as possible. The Tenant will be responsible for the shop front, internal repairs and decoration, rates and utilities plus a proportion of shared external maintenance and buildings insurance etc. * Initial Rent.... At least £50,000 per annum. Rent Reviews at the end of Years 3, 6 and 9.
Location Details:
The Baytree is very well positioned in Tudor Square which is the bustling heart of Tenby. The town itself is the "Jewel in the Crown" of the Pembrokeshire Coast National Park and is visited by many thousands of tourists each year. The Baytree enjoys a wonderful reputation and year round trade from both locals and visitors.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Listed By:
