MAHARAAJ INDIAN RESTAURANT, 3-4 RIVER STREET, MEVAGISSEY, PL26 6UE
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UNOPPOSED INDIAN RESTAURANT & TAKEAWAY WELL EQUIPPED KITCHEN & RESTAURANT EARLY VIEWING STRONGLY RECOMMENDED MAY SUIT OTHER FOOD GENRES POPULAR TOURIST LOCATION
GUIDE PRICE £75,000 LEASEHOLD
B39520
SITUATION The Maharaaj Indian Restaurant is situated in the charming fishing village of Mevagissey on Cornwall's picturesque south coast. Mevagissey has a growing resident population and attracts tens of thousands of visitors year round and is one of the most picturesque harbours within the SW. There are several holiday parks, hotels and accommodation providers within the area owing to Mevagissey's proximity to the Lost Gardens of Heligan and the internationally renowned Eden Project. DESCRIPTION This lock-up leasehold Indian Restaurant has been under our current client's control for approximately 3 years and was previously an Indian Restaurant for several years prior to this. The Maharaaj enjoys an unopposed position within the village and surrounding areas and we are advised that the business achieved a turnover in the region of £280,000 to £300,000 for the last financial year full accounting information will be made available subject to a viewing appointment in the usual manner. THE ACCOMMODATION COMPRISES (all areas and dimensions are approximate) RESTAURANT/BAR AREA 10.2m x 9.35m. Large multi pane window to the front elevation, laminate flooring throughout, tables and chairs for approximately 60 covers, small waiting area with a settee and coffee table. BAR SERVERY Comprising a triple bottle fridge, stainless steel
sink and drainer, recently refitted mirror backed shelving. LADIES AND GENTS WC'S KITCHEN 11.56m x 4.41m. A very large commercial kitchen equipped a range of specialist catering equipment including a gas fired Tandoori oven and Indian restaurant gas cooker, a number of fridges and freezes, tiled flooring throughout, a wash up area, a recently upgraded extractor system and a door to the rear courtyard. To the rear of the Kitchen is a dry store and pantry OUTSIDE To the rear of the property is a courtyard for bin storage etc. TENURE - LEASEHOLD The premises are offered by assignment of the existing 15 year proportional repairing and insuring lease which commenced 25th November 2013 for a term of 15 years subject to 3 yearly rent reviews with the current passing rent payable being £15,000 per annum rising to £16,000 from the first of June this year. GENERAL INFORMATION LOCAL AUTHORITY Cornwall Council General Enquiries 0300-1234-100 Planning 0300-1234-151 www.cornwall.gov.uk ENERGY PERFORMANCE CERTIFICATE The Energy Performance Rating for this property is within Band E. INVENTORY An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by
B39520
Miller Commercial prior to exchange of Contracts. PREMISES LICENCE We understand the business currently holds a premises licence in respect the sale of liquor for consumption on and off the premises. BUSINESS RATES We refer you to the government website https://www.tax.service.gov.uk/view-myvaluation/search. SERVICES Prospective owners should make their own enquiries of the appropriate statutory undertakers: Western Power: 0845 601 2989 South West Water: 0800 169 1144 Transco: 0800 111 999 STOCK To be taken at valuation. SUPERFAST BROADBAND For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit http://www.superfastcornwall.org/. VALUE ADDED TAX All the above prices/rentals are quoted exclusive of VAT, where applicable. CONTACT INFORMATION For further information or an appointment to view please contact Paul Collins on 01872 247029 or via email
[email protected] PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate. AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent. Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39. VIEWING: Strictly by prior appointment through Miller Commercial.
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