£50,000 pa
Restaurant to let
Property photos
Just added
Business
£50,000 pa
(£50,000.00/sq. ft. pa)
Restaurant to let
Welshpool SY211 sq. ft
Local area information
Property location
Nearby amenities
- Buttington Trewern C.P. School 0.2 miles
- Welshpool High School 2.8 miles
- Welshpool 3.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Fabrizios occupies a prominent roadside position, nestled in the picturesque countryside of Powys. It is located on the main A458 Midlands to central Wales trunk route, making it very visible to passing trade.
The busy and prosperous market town of Welshpool is four miles west. Welshpool is a popular market town which attracts visitors and tourists throughout the year. It is also the focal point for a much wider agricultural area and its community.
Welshpool stands on the England/Wales border in an area known as The Marches and the renowned walkers' route, Offa's Dyke, passes nearby. Tourists are also attracted to the nationally renowned Powis Castle located on the edge of the town; this being the seat of the Herbert family, the Earls of Powis. As of the 2021 census report, Welshpool had a population of over 6,500.
Leasehold: £50,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
Term: 6 years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlords consent.
Bond: A bond equivalent to three months' rent in advance.
Rent: £30,000 per annum, paid monthly in advance.
Rent review: Subject to rent reviews every third year of the term.
Repair liability: Part repairing and insuring lease. This is not a full repairing and insuring lease with the Landlord retaining responsibility for the structure of the building. The Tenant will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Tie: Free-of-tie.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will not be payable on the Premium.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
The busy and prosperous market town of Welshpool is four miles west. Welshpool is a popular market town which attracts visitors and tourists throughout the year. It is also the focal point for a much wider agricultural area and its community.
Welshpool stands on the England/Wales border in an area known as The Marches and the renowned walkers' route, Offa's Dyke, passes nearby. Tourists are also attracted to the nationally renowned Powis Castle located on the edge of the town; this being the seat of the Herbert family, the Earls of Powis. As of the 2021 census report, Welshpool had a population of over 6,500.
Leasehold: £50,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
Term: 6 years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlords consent.
Bond: A bond equivalent to three months' rent in advance.
Rent: £30,000 per annum, paid monthly in advance.
Rent review: Subject to rent reviews every third year of the term.
Repair liability: Part repairing and insuring lease. This is not a full repairing and insuring lease with the Landlord retaining responsibility for the structure of the building. The Tenant will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Tie: Free-of-tie.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will not be payable on the Premium.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
More information
Listed by
Sidney Phillips
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