Restaurants for sale in Axminster

View the "Licensed Restaurant/Bistro/Cafe in Prominent Town Centre Location with 2 Bedroom Apartment" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £45,000
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Business Description
Licensed restaurant premises with spacious 2 bedroom apartment over with opportunities for owner occupiers or for sub-letting. Located in a prominent trading position in the heart of Axminster with many complementary traders and businesses close by. Main Restaurant with seating for 30 plus covers, extensive and well equipped Commercial Catering Kitchen with Separate Washup/Prep Room/Store Room, 2 Double Bedroom Owners Accommodation with Sitting Room, Kitchen and Shower Room. An excellent catering opportunity with low overheads and owners accommodation which is suitable for a variety of catering uses.
Trading Hours:
Through personal choice, our client trades for 2 evenings per week (Friday and Saturday).

Tenure: Leasehold

Accommodation Details:
The property benefits from a large 2 bedroom maisonette above, which when rented out provides a rental income of £10,000-£12,000 per annum. As the rent for the whole property is under £10,000 per annum, the rental income covers the whole of the rent. As there are no rates payable (100% rates relief) this means the owner can benefit from no net outgoings on rent or rates.

Location Details: Visible town centre trading location

Leasehold Term:
The landlords have confirmed that they are prepared to grant a new term of lease to incoming tenants and they are flexible as to the length of the lease. Further details available upon request. The rent is £805.07 per calendar month including building insurance.

Listed by: Stonesmith

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