Property description

Location:
Main road position in very busy and popular area of Friargate. On the main street to the university and main shopping area the footfall in this area is very high. This is a perfect opportunity to take over a popular, establish restaurant business intone of the most popular areas of Preston City Centre.

Description:
Popular Restaurant business offering 48 Covers, in one on the best locations for local and University clientele. With years of trading history behind it, the Owners have decided to place the business up for sale. There are opportunities to expand on the trade already being achieved.

Turnover
Turnover is reported as being an average of £3,000 per week.

Accommodation:
The property is situated over 3 floors and provides the following approximate net internal floor areas:

Ground Floor
Retail Zone A - 33.11m2
Retail Zone B -27.48m2
Retail Zone C - 23.61m2

First Floor
Retail Area 45.34m2
Kitchen 48.29m2

Second Floor
Internal Storage 45.34m2

Total 223.17m2

All measurements have been made in accordance with the RICS Code of Measuring Practice

Service:
Mains gas, electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.

Planning:
Currently used as a restaurant. The premises are considered suitable for Restaurants and premises
Prospective Tenant are advised to make their own enquiries of Preston City Councils Planning Department on 01772 906581.

EPC:
A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.

Rent:
Rent is £13,500 Per Annum

Rating assessment:
The Valuation Office Agency website describe the premises as being assessed as a HOP AND PREMISES; with a Rateable Value of £15,250

All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.

VAT
All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

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

Viewings:
Strictly through Kingswood on an appointment basis only.
Please contact Kingswood on:
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA
mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk

Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Property Features :

• CHAIN FREE
• PRICED TO SELL
• Shops and amenities nearby
• Close To Public Transport