The leasehold of this fully furnished Class 3 Hot Food takeaway with all of its equipment, fixtures, and fittings is available to purchase located in a highly-visible part of Ardrossan.
The property was refurbished in 2021 to the extent of c.£30,000 and is in walk-in condition for new occupiers.
OVERVIEW
The ‘Lyric’, is a corner-positioned, two-storey, category B-listed former cinema building, which was converted in the late 2000s to form self-contained restaurant premises on the ground floor with private flats above.
Internally there is a welcoming and modern reception area, which provides plenty of room for collections as well as a large seating area. There are two large digital screens and a modern till and payment terminal.
There is a modern seating area, which is in excellent condition for new occupiers and with vibrant colours.
To the middle of the premises is a large kitchen preparation area, as well as a cleaning area cold store, and an office area for storage.
Welfare facilities are available to the rear, with includes gents, ladies, and wheelchair access.
There is a full ventilation system installed in connection with the hot food use and gas for cooking.
A full list of what equipment is included can be provided to any interested parties.
CURRENT LEASE
The current lease is due to terminate when the current tenant vacates. The landlord is open to negotiation of a new long-term lease for the new proprietor, with a sensible rental figure of £12,000 per annum.
VIEWING
Viewings can be arranged by appointment with Bowman Rebecchi.
TRADING HOURS
The business currently opens each day from 12:00 - 22:00.
Location
The subjects are located on Princes Street within Ardrossan Town Centre has a crossroad junction with Glasgow Street and Harbour Street.
Nearby occupiers include a variety of high-quality local businesses including ASDA, South Beach Surgery, Ardrossan Harbour, and the Isle of Arran ferry terminal.
Ardrossan lies within the North Ayrshire region and forms part of the ‘Three Towns’ area incorporating Stevenston and Saltcoats, having a combined population of over 35,000 persons.
The town has excellent public transport links with nearby railway stations that offer regular services to Glasgow and Largs.
Accommodation
The on-site measurements, measured in accordance with the RICS Code of Measuring Practice (6th Edition), calculate the subjects extend as follows:
Total - 91.9 sq m | 990 sq ft
Terms
Rates - From the Assessor’s website, the property had a Rateable Value of £6,300. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.
EPC - The property currently has an energy rating of G. A copy of the EPC is available upon request.
Entry - The current tenant is flexible with requests.
Price - Offers are invited to acquire the leasehold of £15,000, with all equipment and fixtures/fittings also included. Purchasers are able to negotiate a long-term new lease, with an annual rental of £12,000 per annum (excluding VAT which is not applicable).
Anti-Money Laundering - To comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.
For further information, please contact Bowman Rebecchi.
Specification
- Leasehold Purchase Opportunity In Excellent Condition
- Central and Highly Visible Location Within Ardrossan Town Centre
- 100% Rates Relief Available Subject To Status
- Close to ASDA and Arran Ferry Terminal
- Restaurant/Takeaway with Class 3 Consent
- Located Within Former Cinema Premises
- Large Catchment Area For Deliveries
- B Listed Property
- Fantastic Town Centre Location
- Ardrossan Harbour - 3 Minute Walk