Property description

Location:
Church Street one of Preston Well Known main roads close to the bus station and Newman College. This takeaway is well in the heart of Preston City Centre.
Close to other retailers consisting of takeaways, restaurants, convenient stores, publics houses.
Description:
This property consists of shutters, double glazed windows and ample amount of light flooding into the shop. The ground floor main area consists of tiled floor, seating area for 30, large counter and all the equipment. Good use of lighting and includes CCTV security system and fire alarm.
Also
There is a large function / seating area / restaurant style area which could be used to its full potential.
Also
There is a rear car park which can house up to 23 cars. This is running on a 98% occupancy creating an income of over £700.00 per month.
The kitchen area is fully loaded with all necessary equipment to run a well established takeaway
Including washing area, prep area, cookers, fridges, fryers, pizza oven, steamer, grills, tandoori grill, cold room including 2 large fridges, male, female and disabled toilets facility towards the back of the property.
All Fixtures and Fitting included.
Accommodation:
The property provides the following approximate net internal floor areas:
Ground Floor
Retail Zone A – 33m² / 355 ft²
Retail Zone B - 27m² / 290 ft²
Retail Zone C - 21m² / 226 ft²
Remaining Retail Zone - 44m² / 473 ft²
Internal Storage - 7m² / 75 ft²
All measurements have been made in accordance with the RICS Code of Measuring Practice
Service:
All mains gas, electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.
Planning:
Previously used as a takeaway. The premises are considered suitable for a wide variety of uses.
Prospective Tenant are advised to make their own enquiries of Preston City Council\‘s 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.
Lease:
The unit is available by way of a new and effectively full repairing and insuring lease subject to an upward only rent review for a term of years to be agreed.
Goodwill:
The goodwill is £50,000
Rent:
Rent is £675 PCM. Exclusive of VAT and rates, payable in advance by standing order and subject to contract
Turnover:
The existing turn over is £3,500.00 per week
Income:
Car park to the rear offers 23 spaces with an income of £700 per month
Rating assessment:
Rates payable for 2015/2016 are 49.3p in the £.
This property may be entitled to 50% rates relief dependant on circumstance
Please make own enquires with council.
The Valuation Office Agency website describe the premises as being assessed as a “TAKE AWAY AND PREMISES” with a Rateable Value of £11,750.00
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:
Viewing highly recommended.
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 :

• Business For Sale
• Ground floor
• Currently Trading
• Fully Fitted Equipment
• Rental Producing Income
• Shutters