Well established Thai Restaurant.
The restaurant has a total of .50 covers over a split level, covering the ground floor of the property. There is a bar area to the rear of the restaurant as well as a good size commercial kitchen, fully fitted with high specification equipment and separate wash up area.
Location
The property is located just off the High Street in central St Albans, immediately adjacent to the cathedral and benefitting from a high level of passing trade. St Albans is a thriving and affluent city located in central Hertfordshire.
Accommodation
Approximately 979 sq ft
Terms
Business: Attractive ground floor split level, Thai restaurant which could be easily adapted to suit the offering of the incoming operator. The property underwent refurbishment by the current owner less than five years ago and all the fixtures and fittings are of good quality and included in the purchase price. The restaurant is glass fronted and well positioned to attract the many passers by walking between the bustling High Street and the cathedral.
Uses: A3/A4/A5
Premium: £XXX for the benefit of the lease, fixtures & fittings.
Rental: £XXX per annum
Terms: New lease available
Business Rates: Annual rates payable of £XXX per annum. Interested parties are recommended to make their own enquiries with the Rating Department of St. Albans Borough Council.
Staff: Owner managed with 5 staff
Turnover: Current turnover in excess of £XXX per annum
Accounts: Available on request
Legal Costs: To be confirmed
Local Authority: St Albans
Energy Performance Certificate: Energy Performance Asset Rating is 87- D Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file
Covers: 45-50
Reference Charge: London Properties charges a fee of £XXX plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
Holding Deposit: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
Fixtures & Fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.