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Restaurant for sale

Friargate, Preston, Lancashire, PR1


Restaurant for sale

Friargate, Preston, Lancashire, PR1



Property features

  • To Let
  • Goodwill & Rent To Pay
  • Business For Sale
  • A3 Consent
  • A5 Consent
  • Ground floor
  • Currently Trading
  • Fully Fitted Equipment
  • Busy Parade Location
  • Viewing is a Must

Property description

Friargate one of Prestons well known main roads across from UCLAN University in the heart of Preston City Centre.
Close to other retailers consisting of takeaways, restaurants, convenient stores, public houses and university hall of residence.

This property has bundles of life. Newly renovated to a very high standard, one of the best in its area. From the size to the décor this has the wow factor.

Internally the ground floor boasts a ray of restaurant features and stunning workmanship. With tiled floors, modern LED lighting, tasteful decor, a well thought of seating plan with table and chairs, toilet facility, alarm, Kitchen area, AC, large counter and all the equipment.

This ready to trade from restaurant has seating for 47 covers. The standard of this business must be seen to appreciate the work that has gone into it.

All Fixtures and Fitting included.

Accommodation size:
The property provides the following approximate net internal floor areas:
Ground Floor:

All measurements have been made in accordance with the RICS Code of Measuring Practice

This business comes with the following equipment which many are bespoke.

Counter and till, display / late warmer counter, Archway chip server, Falcon chip fryer, Falcon Griddle, Rational cooking centre 6 grill, Mangle char grill, Falcon Grill and fridge, Plate / sauce warmer and server, salad fridge, Chefquip dough maker, Lincat cooker x 4 burner, sinks, worktops, WinterHalter dishwasher, Cold room, Freezer room, prep area, extractor units x 2, CCTV, AC units, Alarm.

This is truly a grand, updated, modern restaurant which is fully fitted and ready to go.

Mains gas, electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.

Previously used as a RESTAURANT. The premises are considered suitable for a wide variety of uses.
Prospective Tenant are advised to make their own enquiries of Preston City Council's Planning Department on[use Contact Agent Button].

A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.

The unit is available by way of a new and effectively full repairing and insuring lease subject to an upward only rent review for a term of years to be agreed

Goodwill for this business is £130,000.00 (including full equipment)

Offer in the region of £19,000.00 per Annum / £1583.00 per month VAT may be applicable and excludes rates, payable in advance by standing order and subject to contract

On request

Rating assessment:
Rates payable for 2018/2019 are 49.3p in the £.

This property may be entitled to 100% rates relief dependant on circumstances all parties interested should make their own enquires to Preston City Council for rate relief.

The Valuation Office Agency website describe the premises as being assessed as a “RESTAURANT AND PREMISES” with a Rateable Value of £TBC

All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.

All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

Legal Cost:
Each party are to be responsible for their own legal costs incurred in the transaction.

Strictly through Kingswood on an appointment basis only.

Please contact Kingswood on:
Preston City Centre Office:[use Contact Agent Button], Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office:[use Contact Agent Button], 77 Watling Street Road, Fulwood, Preston, PR2 8EA

[use Contact Agent Button]

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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Street view is not available at this location

Floor plans

Call 01772 913299
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Property reference 2849. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kingswood Sales & Lettings - Head Office. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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