Restaurant/cafe for sale in Stamford Road, Easton On The Hill, Stamford PE9

£15,000 (£7.5/sq. ft)
Restaurant/cafe for sale 186 sq. m*
Interested in this property? Call +44 1780 673903 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Leasehold
  • Ground Floor Opportunity
  • Fully Fitted Kitchen
  • Outside Seating Areas
  • Huge Car Park
  • Café, Tea Room, Restaurant
  • Delicatessen
  • Fixtures and Fittings
  • £15,000 Ingoing Premium
  • £25,000+VAT Rent p/a

Property description

Licensed cafe/tea room/ Deli - Near Stamford

Location & Area

Located on the Main Street through the Village of Easton on the Hill, in East Northamptonshire and bordering Rutland, Stamford (Lincolnshire) and Cambridgeshire. Stamford is approximately 2 miles to the North East, passing underneath the A1 North and South bound around 1 mile from the property in the same direction. To the South West the A43 will find Corby and Kettering via Weldon. From Duddington the A43 meets the A47 which runs East to West connecting Leicester via Uppingham and Peterborough.

Property Description

The original Public house was refurbished to a high standard around 8 years ago by a well known local licensed trade operator. The property offers excellent road frontage and ample car parking for around 40 cars. The business has 6 well appointed en suite letting bedrooms which are operated independently and are not included in this letting, enclosed landscaped patio area and multiple ground floor trading rooms.


Accommodation


The licensed premises boasts a range of trading areas to include as follows:-
* Main l-shaped lounge bar area with bar servery (30 covers)
* Conservatory (30 covers)
* Further restaurant area (20 covers)
* Front garden with tables and chair
* Rear patio area with tables and chairs

Services

We are advised that all mains services are connected to the property with the exception of gas which is on lpg. These services have not been inspected or tested by the agent.

Price & Tenure

The ground floor demise is offered for let on a new 10 year lease at a passing rent of £25,000 per annum plus VAT – there is a premium for fixtures and fittings of £15,000. A 3 month rent deposit will be required and rent is paid quarterly in advance.


Outgoings


Interested parties are advised to make their own enquiries with the relevant billing authority.


VAT


The property is opted to tax and will be subject to vat on the premium and rent.


Legal costs


Both Parties will be responsible for their own legal costs.


Parking notes


There is ample on site parking for the current needs of the licensed premises.


Planning


The property benefits from full planning permission to operate as a public house with premises licence under the A4 use class.

Viewings

Strictly by appointment with the vendors sole selling agents. Tel: Email You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

Finance

An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
LLH Solutions, PE9 on +44 1780 673903 * (local rate)

Contact LLH Solutions about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LLH Solutions, and do not constitute property particulars. Please contact LLH Solutions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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