toletonleasetoletonle ase 174 lythalls lane 174 lythalls lane coventry ...
174 Lythalls Lane, Coventry, CV6 6FT
TO LET ON LEASE 174 LYTHALLS LANE COVENTRY, CV6 6FT
• Established Fish And Chip Shop Business Premises • Located In A Prominent Position In A Thickly Populated Area Just Off The Foleshill Road And Close To The Ricoh Arena • Premises Comprise Fish And Chip Shop With Preparation Room, Chipping Room And Rear Potato Store • Premium Required For Existing Business Fixtures, Fittings And Equipment • Rental £12,000 £12,000 Per Annum Exclusive
174 Lythalls Lane, Coventry, CV6 6FT LOCATION
No tests have been applied.
The subject property is located in an established and thickly populated residential district in the Foleshill area of Coventry and occupies a prominent corner position directly facing a busy roundabout at the intersection of Lythalls Lane and Bedlam Lane as illustrated on the Promap plan attached.
LEASE
This is a busy area close to the Ricoh Arena with new residential development planned nearby and also a number of local industrial estates providing the opportunity for additional day time trade.
Only an A5 takeaway use will be permissible.
DESCRIPTION
COSTS
The property comprises long established fish and chip shop business premises consisting of main servery area, together with preparation room, chipping room, outside store and also WC now available to lease with the existing business fixtures and fittings also are available subject to the payment of an agreed premium.
The ingoing tenant is to be responsible for the landlords’ legal costs incurred in this case including Stamp Duty payable on the counterpart Lease and VAT as appropriate.
ACCOMMODATION The property in brief comprises:Servery 23.46 m² (252 ft²) Having dual aspect retail shop front with the two entrance doors and front shutter, having suspended ceiling with inset lighting and tiled walls and floor. Inner Lobby Area Preparation Room Chipping Room Total
21.76 m² (234 ft²) 4.42 m² (46 ft²) 49.64 m² (532 ft²)
(All measurements are approximate and on a net internal area basis).
SERVICES Mains water, drainage, gas and electricity are understood to be connected to the property, subject to the usual reconnection charges by utility companies.
The property is available on the basis of a new effectively full repairing and insuring lease for a term of twenty years, the lease to be subject to a five yearly upward only rent review.
RENT £12,000 per annum exclusive.
VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable. At the time of preparation of these details (September 2015) the landlord had not elected to charge VAT on the rental. FIXTURES AND FITTINGS A premium of £20,000 is being sought for the benefit of the existing business fixtures, fittings and equipment as detailed in the following Inventory:3 pan Preston and Thomas gas frying range Archway double kebab grill Kebab cutter 2 chest freezers 2 upright fridges Gas cooker Bold R1 chipper Crypto 56 lb peeler Toaster Till CCTV Bain Marie wet well Various utensils and pots and pans
174 Lythalls Lane, Coventry, CV6 6FT Internal menu external signage Potatoes bath 2 potato tubs Microwave Fire extinguishers 2 stainless steel buckets Mop bucket and mop Vinegar barrel None of the above have been tested it is the responsibility of the incoming tenant to make sure they are satisfied with the equipment being purchased. LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333 RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value: £2,225 Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. VIEWING Courtesy of the existing arrangement with:-
tenant
and
LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. JRP/MD)
by
174 Lythalls Lane, Coventry, CV6 6FT
Subject property for identification purposes
174 Lythalls Lane, Coventry, CV6 6FT Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i)
The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract.
ii)
All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.
iii)
No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property.
iv)
All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.
TO LET ON LEASE 174 LYTHALLS LANE COVENTRY, CV6 6FT
• Established Fish And Chip Shop Business Premises • Located In A Prominent Position In A Thickly Populated Area Just Off The Foleshill Road And Close To The Ricoh Arena • Premises Comprise Fish And Chip Shop With Preparation Room, Chipping Room And Rear Potato Store • Premium Required For Existing Business Fixtures, Fittings And Equipment • Rental £12,000 £12,000 Per Annum Exclusive
174 Lythalls Lane, Coventry, CV6 6FT LOCATION
No tests have been applied.
The subject property is located in an established and thickly populated residential district in the Foleshill area of Coventry and occupies a prominent corner position directly facing a busy roundabout at the intersection of Lythalls Lane and Bedlam Lane as illustrated on the Promap plan attached.
LEASE
This is a busy area close to the Ricoh Arena with new residential development planned nearby and also a number of local industrial estates providing the opportunity for additional day time trade.
Only an A5 takeaway use will be permissible.
DESCRIPTION
COSTS
The property comprises long established fish and chip shop business premises consisting of main servery area, together with preparation room, chipping room, outside store and also WC now available to lease with the existing business fixtures and fittings also are available subject to the payment of an agreed premium.
The ingoing tenant is to be responsible for the landlords’ legal costs incurred in this case including Stamp Duty payable on the counterpart Lease and VAT as appropriate.
ACCOMMODATION The property in brief comprises:Servery 23.46 m² (252 ft²) Having dual aspect retail shop front with the two entrance doors and front shutter, having suspended ceiling with inset lighting and tiled walls and floor. Inner Lobby Area Preparation Room Chipping Room Total
21.76 m² (234 ft²) 4.42 m² (46 ft²) 49.64 m² (532 ft²)
(All measurements are approximate and on a net internal area basis).
SERVICES Mains water, drainage, gas and electricity are understood to be connected to the property, subject to the usual reconnection charges by utility companies.
The property is available on the basis of a new effectively full repairing and insuring lease for a term of twenty years, the lease to be subject to a five yearly upward only rent review.
RENT £12,000 per annum exclusive.
VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable. At the time of preparation of these details (September 2015) the landlord had not elected to charge VAT on the rental. FIXTURES AND FITTINGS A premium of £20,000 is being sought for the benefit of the existing business fixtures, fittings and equipment as detailed in the following Inventory:3 pan Preston and Thomas gas frying range Archway double kebab grill Kebab cutter 2 chest freezers 2 upright fridges Gas cooker Bold R1 chipper Crypto 56 lb peeler Toaster Till CCTV Bain Marie wet well Various utensils and pots and pans
174 Lythalls Lane, Coventry, CV6 6FT Internal menu external signage Potatoes bath 2 potato tubs Microwave Fire extinguishers 2 stainless steel buckets Mop bucket and mop Vinegar barrel None of the above have been tested it is the responsibility of the incoming tenant to make sure they are satisfied with the equipment being purchased. LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333 RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value: £2,225 Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. VIEWING Courtesy of the existing arrangement with:-
tenant
and
LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. JRP/MD)
by
174 Lythalls Lane, Coventry, CV6 6FT
Subject property for identification purposes
174 Lythalls Lane, Coventry, CV6 6FT Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i)
The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract.
ii)
All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.
iii)
No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property.
iv)
All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.
