Cafe to rent
Property description & features
- £35,000 premium for Goodwill and equipment
- £40,000 rental per annum
- Rutland Village location
- A new 5-year lease to be granted
- Ready to continue trading immediately
- 3 Miles from Oakham Town Centre
- Served well by locals
Viewing is strictly by prior appointment via the sole agents P & F Commercial [use Contact Agent Button] or via [use Contact Agent Button]
Rutland Village is approximately 3 miles outside Oakham with excellent road links via the A606 to the A1 and to the M1 Junction 21 at Leicester approximately 25 miles away. The Village comprises a range of service and Retail units set around a children's' play park and adjoins Ashwell Garden Centre that attracts a high volume of visitors throughout the year. The population of Oakham (10,920 according to the 2011 census) is growing and being the County Town of Rutland, Oakham is expanding and the nearby Rutland Water Reservoir attracts thousands of visitors annually.
The unit is offered for let on a new 5 year lease with a 3 year break clause considered. The leases will be on fully repairing and insuring terms. The passing rent is £40,000 per annum with a £1,500 a year service charge towards the upkeep of the
common parts. Landlords insurance will be re-charged in addition. A 3 months rent deposit will be required.
A premium of £35,000 will be payable for the business and the fixtures and fittings.
The Staff will transfer with the business. Full details available on request.
The property benefits from a premises licence.
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Energy Performance data and Internal floor area
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