Restaurant/cafe to let in Il Panino, 1-3 Market Street, Bridgend CF31

£9,800 pa (£10.64/sq. ft. pa)
Interested in this property? Call +44 1656 220997 * or Request Details

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

Restaurant/cafe to let 921 sq. ft*
Deposit required: Not available Council tax band: Not available

Property description



Location
The property is situated in a prominent town centre location on the corner of Market Street and Dunraven Place immediately adjacent to hsbc Bank plc and opposite Bridgend General Post Office.

Bridgend is the administrative centre serving Bridgend County Borough with the town attracting the usual high street banks and a number of multiple retailers.

Description
The property briefly comprises of a very well presented three storey town centre property that is long established for use as a Licenced Café/Coffee Shop providing well configured and well presented accommodation over three floors. The property briefly provides the following accommodation:-

Ground Floor Sales/Dining: 26.48sq.m (285sq.ft) nia
First Floor Dining: 33sq.m (355sq.ft) nia
Second Floor Kitchen/Ancillary Storage: 26.08sq.m (281sq.ft) nia

WC


The property is very well presented externally having been completely refurbished in 2007/ 2008. The property has the significant benefit of pavement dining and a recently installed electrically operated canopy.

Terms
The property is held under terms of a secure lease for a term of 10 years from 10th March 2020. The lease contains tenant only break clauses exercisable January 2022,2025 and 2027.

The current rent passing is in sum of £9,800 per annum exclusive with the lease containing 3 yearly rent reviews with the next rent view date being 29th January 2023.

There is the possibility of a new lease direct from the property landlord, if required.


The business


This long established and profitable Café/Coffee Shop Business has the benefit of both inside and outside dining and a busy takeaway and delivery service that has expanded in recent times and proven to be particularly successful over the course of the last 12 months or so.

Further details on application.


Premium


Premium offers in excess of £45,000 are invited for the lease, business goodwill and trade fixtures and fittings.

VAT
All figures quoted are exclusive of VAT if applicable.

Legal costs
Each party to be responsible for their own legal costs incurred in the transaction.

Viewing
Strictly by appointment only through
sole selling agents:

Messrs Watts & Morgan llp
Tel: Email:

Please ask for Dyfed Miles or Sara Magness

Property info

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

Arrange Viewing

For more information about this property, please contact
Watts & Morgan, CF31 on +44 1656 220997 * (local rate)

Contact Watts & Morgan 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 Watts & Morgan, and do not constitute property particulars. Please contact Watts & Morgan 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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