Thai Restaurants for sale in Penrith

View the "CAFÉ / TAKEAWAY IN PENRITH, CUMBRIA" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.


Penrith, Cumbria, England

  • Leasehold Price: £15,000  Price Reduced arrow_drop_down
Seller Reference: MA1139
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Business Description
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Seller Reference: MA1139
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Business Description
• 26 cover daytime and evening business established since 2012
• Potential for delivery food outlet and other styles
• Town centre covered shopping arcade with evening parking
• Unit has separate external access and entrance to arcade
• Enormous potential for growth

Cafe and takeaway with quality modern fixtures and fitted seating providing 26 covers, having been established by the current proprietors in 2012. It offers a Thai café menu and opens between 11.30am and 9.30pm, 6 days a week. We are advised that sales vary between £2,000 and £3,000 per week. Full accounts will be made available to bona fide applicants, normally after viewing.

Penrith is a market town located on the north east fringe of the Lake District with a population of around 16,000 and catchment population of around 45,000. It has excellent transport links being at the junction of the M6 motorway and the A66 trans-Pennine trunk road and has a Station on the west coast main line linking London and Glasgow. Major retailers in the town include Burtons, Argos, Morrison’s, B & Q, Booths, Sainsbury’s, Aldi, W H Smith, Boots and Sports Direct. The unit is situated in the town centre in a covered shopping arcade next to the George Hotel.

The unit includes a seating area, servery, catering kitchen and a toilet and with entrances into the arcade and a separate external entrance onto a car park which is available to the public in the evening.

We are advised that mains water, electricity, gas and drainage are connected. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

The unit is held on a licence at an annual fee of £9,574 including service charge and insurance. The landlord has indicated that a new lease could be granted to a buyer of the business, subject to the usual checks.

The purchaser/ ingoing tenant will be expected to pay the landlord’s and sellers reasonable legal costs in connection with the assignment of the lease. Each party will bear it’s own costs in connection with the transfer of the business.

Description in list: Café and premises
Rateable Value: £6,100

The unit benefits from 100% small business relief.

Included in the sale is an inventory of trade fixtures, fittings, equipment and furnishings. Any items not included in these particulars or the inventory are excluded. Stock will be valued separately and taken on completion.
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