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Fully equipped licensed leasehold restaurant
Ingoing £65,000 + sav. Rent £12,000PA
No business rates payable for current financial year
Two bedroom residential accommodation
We welcome to the market this outstanding A3 leasehold restaurant opportunity in beautiful Filey which we feel will be of interest to a number of different food operators. The lease was purchased by our clients in 2011 and following a very expensive refit, now comes to the market again due to their other business commitments across the country. The front section of the ground floor is fully fitted as an indian restaurant, benefitting from 22 covers together with a delightful corner bar and disabled W.C. To the mid section lies the fully equipped commercial kitchen with modern full extractor system, 10 x ring gas burner and tandori oven whilst to the rear lies a food prep area and storage facility with access out to the rear yard.Internal stairs lead up to the residential accommodation which provides a kitchen, bathroom and bay windowed generous lounge at first floor level together with 2 double bedrooms at second floor level.
Location: Filey is a quaint coastal town in North Yorkshire, located some eight miles south of Scarborough. Filey is well regarded as a tourist resort with its large sandy beach, Filey Brigg and the various holiday camps and developments in close proximity. More precisely, the restaurant occupies a central position on Hope Street within Filey's town centre.
Description: The property is accesed via a central timber and glazed entrance door, set either side of two timber framed display windows. The main dining area benefits from an introductory corner bar with draft large and an array of spirits and wines, with the seating being a mix of fixed perimeter benches together with moveable table and chairs. To the rear of the dining area lies a modern disabled toilet facility. The kitchen benefits from a viewing window, allowing patrons to see the chefs cooking in what is a fully equipped commercial kitchen benfitting for a variety of stainless steel appliances. Beyond lies a generous preparation area / storage facility with external access to the rear yard which is handy for deliveries. Internal stairs lead up to two bedroom residential accommodation, arranged over two levels.
The business: Accounts are available to view at our offices to seriously interested parties.
Inventory: Our client is currently drawing up a list of all items to be included in the sale.
The lease: A 15 year lease was granted which commenced in 2003. The current rent payable is £12,000 per annum payable quarterly. Further details of the lease are available on request.
Business rates / council tax: The property has been assessed for local taxation as follows:Commercial - 2010 Rateable Value - £4,900Residential - Council Tax Band 'A'
energy performance certificate (EPC): The property has an Energy Assessment of: Band 'C' The full EPC and Recommendation Report can be viewed at our office
VAT: All figures quoted are exclusive of VAT however, our client reserves the right to charge VAT if applicable.
Viewing: Via the sole agents:Cph Property Services19 St Thomas StreetScarboroughYO11 1DY Joe Walker mrics
For more information about this property, please contact CPH Property Commercial, YO11 on +44 1723 266866 * (local rate)
Contact CPH Property Commercial about this property
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