Spalding Lincolnshire PE11 2AF

For Lease £12,000 P.A.

Property Details

Spalding Lincolnshire PE11 2AF

For Lease £12,000 P.A.
Description

Fully equipped takeaway to let - Spalding

- Lincolnshire

Fully fitted A5 takeaway shop
Spalding Town Centre
High footfall area – surrounded by free parking
£12,000 per annum rental
£15,000 premium for the fixtures and fittings

LOCATION
Situated on Westlode Street, opposite B&M Home stores and Carpet right and next to the Westlode St Car Park, close to the main town centre in Spalding. The bar is located on the first floor above Alley Catz Bowling lanes. Westlode Street is just North East of the town centre and accessed by the B1172. Spalding is serviced by the A16 which leads to Boston in the North with Bourne via the A1175 and A15 to the West.

DESCRIPTION
Occupying the ground floor corner of a 2 storey building with current tenants in the building to include a convenience store, cocktail bar and a nightclub over the whole first floor.
The takeaway unit is self contained and in excellent order throughout.

ACCOMMODATION
Open plan ground floor area split by the counter top and servery, giving 2 cooking sections and a waiting area for customers.
To the rear is a staff w/c.
The kithcen areas are fully equipped for trade as a takeaway with nearly new equipment to include, twin fryers, fully fitted extraction system, all walls with splash back surrounds, a range of stainless steel fridges, freezers, sinks and work tops. Twin pizza oven.

SERVICES
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

TERMS
Offered for let on a new 5 year lease at a passing rent of £12,000 per annum plus vat.
Rent reviews every 3 years.
A premium for the equipment is being sought at £15,000.
A 6 month rent deposit and Personal Guarantee will be required

OUTGOINGS
Interested parties are advised to seek their own advice with regards rates payable via the relevant local authority.

VAT
We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.

LEGAL COSTS
Both Parties will be responsible for their own legal costs.

PARKING NOTES
The property is surrounded by car parking, with the on street parking being 2 hours free during the day time. The Westlode car park to the rear is £1 for the whole day.

PLANNING
The current planning allows for A5 takeaway.

OTHER
Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

VIEWING
Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands