Leisure/hospitality to let in 26 High Street, Enderby, Leicester LE19
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Property features
- 2570 Sq. Ft Restaurant - Car parking and patio area
- Rent £60,000 per annum plus Vat and insurance
- Lease premium to include fixtures and fittings £25,000
- Located in the popular Village of Enderby
- Offers considered in the Region of £1m for the Freehold of 26 High Street to include 8 Letting Bedrooms to the First Floor
- 8 En-Suite Letting Bedrooms
Property description
To Let - Cini Restaurant
£60,000 per annum + vat
Well established restaurant and letting rooms To Let
Rent - £60,000 per annum Plus Building insurance
Premium - To include F&F £25,000
Business Rates - Rateable Value £27,750
Legal Fees - Both parties will be responsible for their own fees
VAT - To be confirmed
EPC - Rating C (70)
The main building is a 2 storey brick built property under a pitched tiled roof. The rear of the building has been extended and offers a well kept flat roof area. The property has traded for over 20 years as a popular Italian, fine dining restaurant and due to the owners looking to retire have decided to offer the building for let.
There are 8 en-suite letting rooms + the fixtures and fittings for the Restaurant and the letting rooms will be purchased for a premium of £25,000.
Location
Located in the Heart of the popular Village of Enderby, Close to junction 21 of the M1 Motorway. Enderby is situated just down from the Popular shopping area of Fosse Park, and offers great arterial access to major road Networks, to include the M1, A46, and M69.
Enderby is approximately 6 miles South West of Leicester City Centre.
Accommodation
The accommodation comprises the following areas: Main entrance from the car park, in to the open planned L-shaped split level restaurant area, with bar serving counter and access to ladies and gents w/c's. With main kitchen with viewing windows. Basement cellar. Managers office and staff room.
The 8 letting rooms are separately accessed from the rear of the building and can be used for letting purposes or staff accommodation etc.
Terms
Offered to let on new lease terms - with lease length expected to be 10 years. On fully repairing and insuring terms (Fri) at an initial passing rent of £60,000 per annum (plus VAT tbc). A Rental deposit equivalent to 3 months rent including VAT will be required.
Buildings insurance will be re-charged at cost. Tenants will be responsible for utilities including rates.
The Vendor would consider selling the freehold with offers in the region of £1m invited.
Property info
For more information about this property, please contact
P & F Commercial, LE15 on +44 1664 518993 * (local rate)
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.