Restaurant/cafe to let in Radish Cafe, Rutland Village, Ashwell, Oakham LE15

From £40,000 pa (£16.00/sq. ft. pa)
Interested in this property? Call +44 1664 518993 * or Request Details

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Restaurant/cafe to let

2,500 sq. ft*

Property description

Key Points

  • £35,000 premium for Goodwill and equipment
  • £40,000 rental per annum
  • Rutland Village location
  • A new 5-year lease to be granted
  • Ready to continue trading immediately
  • 3 Miles from Oakham Town Centre
  • Served well by locals
  • Description

    Radish Café is currently being operated by the freehold owners and due to other commitments they are keen to find the right operator to take the business to the next stage.

    Location

    Rutland Village is approximately 3 miles outside Oakham with excellent road links via the A606 to the A1 and to the M1 Junction 21 at Leicester approximately 25 miles away. The Village comprises a range of service and Retail units set around a children's' play park and adjoins Ashwell Garden Centre that attracts a high volume of visitors throughout the year. The population of Oakham (10,920 according to the 2011 census) is growing and being the County Town of Rutland, Oakham is expanding and the nearby Rutland Water Reservoir attracts thousands of visitors annually.

    Viewings

    Viewing is strictly by prior appointment via the sole agents P & F Commercial Tel: Or via email

    Terms

    The unit is offered for let on a new 5 year lease with a 3 year break clause considered. The leases will be on fully repairing and insuring terms. The passing rent is £40,000 per annum with a £1,500 a year service charge towards the upkeep of the
    common parts. Landlords insurance will be re-charged in addition. A 3 months rent deposit will be required.
    A premium of £35,000 will be payable for the business and the fixtures and fittings.

    Availability_Text

    The accommodation comprises the following areas:
    Open plan restaurant area with main servery counter - 75+ covers.
    Further dining space - 20 covers.
    Ladies and gents w/c's
    Large kitchen split into separate working areas - main kitchen, prep room, store room, pot wash area.
    Car parking for less able customers is in the front of the café, with additional parking in the main car park.
    To the front is a courtyard which is demised to the café for outdoor seating and dining.

    Tupe And Licensing

    The Staff will transfer with the business. Full details available on request.
    The property benefits from a premises licence.

    Property info

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

    Arrange Viewing

    For more information about this property, please contact
    P & F Commercial, LE15 on +44 1664 518993 * (local rate)

    Contact P & F Commercial 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 P & F Commercial, and do not constitute property particulars. Please contact P & F Commercial 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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