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0 bed Commercial - Other For Sale Main Street, Grange Fell Road Grange Over Sands Cumbria LA11

PRICE:  £69,000 Mortgage Quote
TYPE:    Commercial - Other
ADDRESS: Main Street, Grange Fell Road  Grange Over Sands  Cumbria  LA11 
STATUS:  For Sale
TENURE: Leasehold
PROPERTY ID:  859350
Reference: Quote Houseladder - 101295_1
Email:  Contact by Email
Established since 1986, this Chinese restaurant has a credible history of over 25 years and is known to many in Cumbria.

It is currently open for sale on both Freehold and Leasehold.

A business summary for this property would be as follows:-

1. Freehold Price : £270,000 (negotiable subjective to sincere buyer)
2. Leasehold : £69,000 initial investment + Rent @ £300 per week
15 years term with rent review every 5 years.
3. Business : Average business is seasonal, summer = >£10K/week; Winter £4000/week
4. Business Rate : £4,460 per year (£446 per month x 10 months).

5. Support & Training : Yes. (Minimum 2 weeks On-the-Job Training)

These are for general guidance only. We have not carried out a detailed survey, nor tested the appliances, services and fittings. Room sizes should not be relied upon for carpets and furniture. Prospective purchasers/tenants are responsible to confirm accuracy by inspection.

For Sale Board
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