Address
Town: Midhurst
Area: Surrey
This property's address is confidential.
Location
Description
For sale as a Going Concern- Discretion required.
Leasehold Guide Price £120,000, to include goodwill, fixtures, fittings and equipment (SAV).
Fabulously fitted large restaurant trading from character double fronted premises within this historic town. The dining room is light and airey, providing 70-90 covers. To the rear of the premises there are large well equipped kitchen/prep areas and male/female/staff W.C.'s, plus stores and a small office.
The business was trading well pre pandemic and financials will be provided to intending purchasers after an initial inspection- please view only by prior appointment through us- STAFF UNAWARE.
We are advised the alcohol license is to 22.00.
We understand the building frontage is Listed.
General Information
Tenure: Leasehold
Price/premium: £120,000
Rent: £40,000 Per annum exclusive
Legal fees: Both parties to be borne by the ingoing tenant/purchaser
Rateable value: The VOA website reveals a RV of £22,750, payable at the prevailing rate.
Lease details: 10 year lease from 2018 with 5 yearly Rent Reviews. We are advised the lease is drafted within the Landlord and Tenant Act 1954- lease not inspected, please verify prior to contract.
Trading hours: 7 days. 12.00- 15.00 and 17.30- 20.00 usually.
Years established: Established 2018.
Employees: 10 full and part time staff, plus 2 drivers.
Client involvement: Full time.
Features
- Alcohol license
- Beautifully presented throughout
- Business sale
- Character property
- Corner position
- Discretion required
- Early viewing recommended
- Established dining destination