Occupying a prime trading location within one of Chester City Centre's high footfall arterial thoroughfares, this fully fitted 70 cover Restaurant/Takeaway comes complete with a well equipped open plan kitchen, recently refurbished interiors, fully compliant WCs. Split over two levels, the property also has the benefit of some alfresco dining as well as A5 takeaway provision. An ingoing premium of £35,000 is being asked with passing rent payable of £26,000 PAX (plus VAT). All serious enquiries are through the Sole Selling Agents Hart & Co 01244 403547.
The premises are situated at the end of Foregate Street near the Bars Roundabout. For sat nav key in CH1 1HB,
The Business occupies a prime lock up unit with full height display window. Situated over two floors approximately 1850 sq ft (comprising ground floor seating area, fully equipped catering kitchen open plan plus ancillary prep and store rooms. The property also has the benefit of ladies and gents WCs together with DDA access WC. The main restaurant area is to the first floor. In total circa 70 covers. There is also rear access for services, bins etc.
Proposed by way of assignment of the original 15 year lease (14 years remaining) with current rent payable of £26,000 PAX (plus VAT). We understand rates payable are £13,292.25 PAX. Hart & Co have not inspected the lease, its content or indeed verified the ratings figures. Prospective purchasers are advised to seek their own verification on any figures quoted prior to legal commitment to purchase.
The property is also subject to a rent deposit which will be payable by the new Lessee on inception of the lease.
We understand the property has consent for A3/A5 usage. We also understand that the premises has previously been licenced to sell alcohol from 10am - 2.30am Friday & Saturday and 10am-1am Sunday -Thursday.
Hart & Co can give no warranty or guarantee as to the services or equipment in situ. We cannot verify maintainable or working order for the same. Prospective purchasers are advised to seek their own advice on these matters prior to commitment to purchase.
Viewing is strictly by appointment through the Sole Selling Agents Hart & Co. Contact Ian Hart on 01244 403547 or e-mail firstname.lastname@example.org.
Situated on Foregate Street, arguably Chester's busiest thoroughfare, the Business is well positioned. There are an excellent range of local eateries, bars, restaurants etc nearby as well as blue chip high street retailers.
Proposed by way of assignment of the original 15 year lease (14 years remaining) with current rent payable of £26,000 PAX (plus VAT). We understand rates payable are £13,292.25 PAX. Hart & Co have not inspected the lease, its content or indeed verified