Rent £13500 pa
4 Market Place, Leicester, Leicestershire, LE1 5GF * Offered for let A3 café bar close to Leicester market * £25,000 premium to include fully fitted kitchen and bar * Available immediately * Pavement licence available * Rent £13,500 (No VAT) * 3 years left of a 5 year lease
Rent £13,500 pa View ing is strictly by prior appointment only via the Agents. For view ings please contact Moores Commercial on 01664 431330 or email: [email protected]
Location The property is located on Market Place, opposite the famous Leicester market, in the City Centre of Leicester. The property is a 5 minute walk to the Highcross Shopping Centre and surrounded by office and retail o utlets. Leicester is well situated in the East Midlands with easy access to the M1 and M69 Motorways providing good access into other Midlands towns and Cities. Nottingham to the North is accessed via the M1 or the A46 and Coventry to the South West via the M69 are both circa 30 miles and Birmingham via the M6 and M69 is approximately 43 miles. Other local market Towns within 20 miles of Leicester City include Melton Mowbray, Oakham, Loughborough and Market Harborough. Property Description Located on the ground floor of a 3 storey listed property. The property is mid terrace with a pitched tiled roof. Accommodation The accommodation is set out over the ground floor and comprises:* Recessed entrance. * Open plan ground floor trading for approximately 40 covers. * Bar area leading to fully fitted catering kitchen with pizza oven. * Hallway leading to shared w/c. 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 The original lease was set over a 5 year term from 2016, with just a little over 3 years left to run. The lease is fully repairing insuring with a annual rent of £13,500 (no vat) Ingoing premium of £25,000 for the equipment. Rates Tenant is responsible for the Business Rates. We understand the rateable value is £9,700 according to the valuation agency of fi ce website. Any prospective purchaser should make their own enquiries as to the rates payable by contacting the local autho rity. VAT We are advised that the property has not been elected for VAT. Legal Costs Both Parties will be responsible for their own legal costs. Viewing Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email [email protected] Parking No parking with the property, major car parks are located within a short walk from the business. 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 b y the Financial Authorities. Please ask for further details.
Contact Details 36 Hi gh Street Oakha m Rutland LE15 6AL www.moorescommercial.com
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Email: [email protected] Tel: 01664 431330
Importan t; we would l ike to inform p rospectiv e purchas ers that th ese sales particulars hav e been prepared as a gen eral guid e only. A det ail ed surv ey has not b een c arri ed out, no r t he serv ices, applianc es and fittings t ested . Room sizes should not be rel ied upon for furnishing purpos es and are approximat e. If floor plans are includ ed, th ey are for guid ance only and illustrat ion pu rposes only and may not b e to scal e. If there are any import ant matt ers lik ely to affect your d ecision to buy, pl ease contact us b efore vi ewing th e prop erty .
Rent £13,500 pa View ing is strictly by prior appointment only via the Agents. For view ings please contact Moores Commercial on 01664 431330 or email: [email protected]
Location The property is located on Market Place, opposite the famous Leicester market, in the City Centre of Leicester. The property is a 5 minute walk to the Highcross Shopping Centre and surrounded by office and retail o utlets. Leicester is well situated in the East Midlands with easy access to the M1 and M69 Motorways providing good access into other Midlands towns and Cities. Nottingham to the North is accessed via the M1 or the A46 and Coventry to the South West via the M69 are both circa 30 miles and Birmingham via the M6 and M69 is approximately 43 miles. Other local market Towns within 20 miles of Leicester City include Melton Mowbray, Oakham, Loughborough and Market Harborough. Property Description Located on the ground floor of a 3 storey listed property. The property is mid terrace with a pitched tiled roof. Accommodation The accommodation is set out over the ground floor and comprises:* Recessed entrance. * Open plan ground floor trading for approximately 40 covers. * Bar area leading to fully fitted catering kitchen with pizza oven. * Hallway leading to shared w/c. 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 The original lease was set over a 5 year term from 2016, with just a little over 3 years left to run. The lease is fully repairing insuring with a annual rent of £13,500 (no vat) Ingoing premium of £25,000 for the equipment. Rates Tenant is responsible for the Business Rates. We understand the rateable value is £9,700 according to the valuation agency of fi ce website. Any prospective purchaser should make their own enquiries as to the rates payable by contacting the local autho rity. VAT We are advised that the property has not been elected for VAT. Legal Costs Both Parties will be responsible for their own legal costs. Viewing Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email [email protected] Parking No parking with the property, major car parks are located within a short walk from the business. 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 b y the Financial Authorities. Please ask for further details.
Contact Details 36 Hi gh Street Oakha m Rutland LE15 6AL www.moorescommercial.com
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Email: [email protected] Tel: 01664 431330
Importan t; we would l ike to inform p rospectiv e purchas ers that th ese sales particulars hav e been prepared as a gen eral guid e only. A det ail ed surv ey has not b een c arri ed out, no r t he serv ices, applianc es and fittings t ested . Room sizes should not be rel ied upon for furnishing purpos es and are approximat e. If floor plans are includ ed, th ey are for guid ance only and illustrat ion pu rposes only and may not b e to scal e. If there are any import ant matt ers lik ely to affect your d ecision to buy, pl ease contact us b efore vi ewing th e prop erty .
