LUDLOW - FRENCH STYLE ESTABLISHED RESTAURANT

LEASEHOLD £90,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.  The Property is held on a full repairing and insuring lease agreement from a private individual for a term of seven years, commencing 1 March 2021. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent currently stands at £13,000 per annum paid monthly in advance, subject to annual increases at the rate of 2%. An incoming party will not be required to provide a rental deposit to the Landlord. 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.

GROUND FLOOR Attractive French style RESTAURANT AREA with boarded effect floor and fixed and loose seating able to cater for up to 24 diners. Serving counter for the dispensing of drinks. CUSTOMER TOILET. FIRST FLOOR CATERING KITCHEN which is in two sections. The main catering area being well equipped with a good selection of stainless steel catering effects and extraction canopy. PREPARATION ROOM/FREEZER ROOM adjacent. SECOND FLOOR Two good size STOREROOMS providing ample facilities. Both racked for general storage. EXTERNAL Attractive COURTYARD which is paved and enclosed and provides seating which is used as an alfresco dining area and can cater for 12 diners.