LOCATION: The subject property occupies an outstanding and highly visible trading position among other independent operators in a quiet side street situated in the heart of the vibrant and historic year-round riverside tourist market town of Market Drayton, which lies at the junction of the A529 and main A53 in a delightful and affluent semi-rural area of north Shropshire
DESCRIPTION: London Properties are delighted to present this fantastic opportunity to acquire the valuable freehold rights to a commercial and residential property of uncommon quality and outstanding future possibilities, which we are confident you will agree represents exceptional value. These charming and well maintained, three-storey freehold character parade premises have operated successfully and profitably for many years as a thriving and highly regarded Tandoori and Balti fine dining restaurant and bar, but are now made available to furnish a host of business options for any fortunate new owner which are really only limited by the imagination and, of course, by any applicable planning restrictions
USES: A3 with alcohol license
TENURE: £245,000 Freehold
AVAILABLE: Available with immediate vacant possession, this would naturally present a truly outstanding opportunity for anyone seeking that wonderful combination of charming and fully air-conditioned premises in which to embark upon any number of potentially lucrative licensed dining and hospitality ventures, coupled with extensive and adaptable private living accommodation in a very convenient and commercially highly desirable town center setting which promises real quality of life
BUSINESS DESCRIPTION: Fitted to high industry specifications throughout for their current commercial purposes, these charming, substantial and well maintained THREE STOREY freehold character parade premises provide an outstanding and highly versatile internal business accommodation to the GROUND FLOOR, which briefly comprises an inviting, part glazed and recessed, single-fronted public entrance directly off St Mary’s Street into the main, welcoming and attractively appointed customer service and dining area with polished timber flooring throughout for easy cleaning, feature timber ceiling with inset diffused fluorescent spotlights and stylish furnishings arranged in intimate seating booths. Adaptable to any number of other potentially lucrative licensed dining and hospitality ventures, subject to consent, the main public area also features a fully fitted and timber-built free-of-tie licensed servery with full range of optics, chilled bottle display cabinets, bottle and glass display and storage shelving, electronic till point and easy access through to a fully fitted and extensively equipped commercial kitchen with extraction system. The main kitchen houses ample stainless-steel work surfaces, storage units, a fully equipped preparation/washing-up kitchen area and a full range of well-maintained, industry standard stainless-steel catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties. The ground-floor premises also incorporate two separate ladies’ cloakroom/WC facilities and a further separate gentlemen’s cloakroom/WC, with further ancillary accommodation consisting of a good-sized general dry goods/bottle store with separate doorway access to the rear and descending staircase access down to a large and dry, full-height CELLAR AREA employed for additional general storage purposes.
UPPER PARTS: Apartment 1 Accessed by means of its own separate self-contained entrance and staircase from ground-floor level, apartment 1 provides accommodation at FIRST FLOOR level consisting of a spacious lounge and a fully fitted domestic kitchen housing ample work surfaces, storage units, fitted sink unit and a full range of appliances, together with one double bedroom and a fully fitted bathroom/WC. Apartment 2 Accessed by means of its own separate self-contained entrance and staircase from ground-floor level, apartment 2 provides further versatile living accommodation to the FIRST FLOOR which consists of a spacious master double bedroom, with staircase access to further attractively presented and appointed private living accommodation the SECOND FLOOR, which consists of a spacious lounge and a fully fitted domestic kitchen housing ample work surfaces, wall and base storage units, fitted sink unit and a full range of appliances, together with a separate, fully fitted bathroom/WC. The property also enjoys the benefit of combined air conditioning and electric heating, in addition to the added safety benefit of a full alarm system.
Exterior: To the front the business premises are attractively presented and afford ample and inviting display window space onto a high footfall town centre commercial thoroughfare, with customer parking available in a number of nearby public car parks. The property also incorporates a useful service yard area to the rear providing private unrestricted off-road parking facilities for two vehicles, with separate access for deliveries.
LEGAL COST: Both parties will be responsible for their own legal costs
LOCAL AUTHORITY: North Shropshire
REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord
HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
AGENT NOTES: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only
Is accommodation included?:
Apartment 1 Accessed by means of its own separate self-contained entrance and staircase from ground-floor level, apartment 1 provides accommodation at FIRST FLOOR level consisting of a spacious lounge and a fully fitted domestic kitchen housing ample work surfaces, storage units, fitted sink unit and a full range of appliances, together with one double bedroom and a fully fitted bathroom/WC. Apartment 2 Accessed by means of its own separate self-contained entrance and staircase from ground-floor
London Properties are pleased to offer to the market this super opportunity to acquire impressive character parade premises with versatile air-conditioned restaurant & bar facilities adaptable to host of licensed dining & hospitality ventures in prosperous & historic market town centre. Comes with TWO self-contained 1-bed private apartments & HUGE scope to develop for 'hands on' operator or outstanding investment opportunity with rental potential in excellent commercial location. Priced for very