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Restaurant Premises, High Street, Albrighton, WV7 3JX

2,088 Sq Ft / Leisure / Business for sale

For Sale - £274,950.00

Available - Last updated: 08 January 2024

LOCATION: High Street in Albrighton is in the West Midlands region of England. The postcode is within the Albrighton ward/electoral division, which is in the constituency of The Wrekin

DESCRIPTION: The premises comprise reception and cocktail lounge, the main restaurant, ladies and gents WC, very well fitted commercial kitchens, preparation kitchen, store room, staff toilet. First floor overspill restaurant, three store rooms. Self-contained takeaway with its own entrance, although the vendors can go through to the takeaway from the kitchens

BUSINESS: An opportunity to acquire this substantial property on this major high street - bustling site and densely populated residential area of Shropshire. The present owners are retiring after 28 years here

USES: A3 & A5

TENURE: £274,950 Freehold

BUSINESS RATES: No Business Rates: All interested parties are encouraged to make their own enquiries with local authority

SIZE: Approximately 2088 sq ft

OPENING HOURS: Tuesday to Sunday 5 p.m to 11 p.m & Monday closed

STAFF: Owner managed with 4 staff

TURNOVER: Current turnover in excess of £260,000 per annum approximately.

ACCOUNTS: Available on viewing

LEGAL COST: Each party is to bear their own legal cost.

LOCAL AUTHORITY: Shropshire

COVERS: 65 covers

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 105- E Rating. C copy of this property’s energy performance certificate is available on request.

REFERENCE CHARGE: London Properties charges a fee of £200 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

FIXTURE & 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

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Commercial Indian Restaurant for Sale Freehold For Sale Freehold £274,950.00 NA

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