HEREFORDSHIRE – TOWN CENTRE COCKTAIL BAR & RESTAURANT

LEASEHOLD £150,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.  The Property is held on a part repairing and insuring lease from a private individual, for a term of ten years commencing 29 March 2022. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent is £29,000 per annum paid quarterly in advance, subject to three yearly rent reviews, the next due on 28 March 2027. The lease is free of all trade ties. No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

Trade Areas The property has been created in a traditional retail unit which has glazed shop frontage onto a semi-pedestrian area. Ground floor: Front entrance vestibule leading into two section RESTAURANT. The principal area has hard wood sprung floor throughout, feature wallpaper and faux foliage. Fixed upholstered wall and booth seating with loose matching fan back chairs to seat 80. It has a feature bar servery with panelled frontage and copper counter. The room is enlightened by the 5x4m sky lantern. Located off the principal area is the DISABLED TOILETS. COMMERCIAL KITCHEN with UPVC clad walls, Altro nonslip flooring. It is of good size and comprehensibly equipped with stainless steel effects, work surfaces and preparation area. First floor: At first floor level is a further TRADE AREA with fixed upholstered seating, loose matching slat back chairs to seat 40. Ornate panelled screen divide. Located off this area is ancillary storage and office. A set of LADIES and GENTLEMEN’S TOILETS.