Fully Fitted Cafe For Sale in Leicester City Centre
Property ID: RPS-22816
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN FEATURES
Located in the Leicester City Centre
Excellent footfall & passing trade
Recently refurbished to premium standard
Spread over three floors
1st & 2nd floor fitted as lounge
Outdoor seating available
Benefits from three phase electricity
Premises licence in place
LANDLORD’S REQUIREMENTS
Guarantor may be required (subject to references)
3-6 months' rent deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending April 2044 (Outside LTA 1954 Act)
Current Rent: £30,000 per annum exclusive
Rent review: Every 3 years
Next rent review: 2027
Premium: £69,995 (Business, Lease & fixtures and fittings)
THE PREMISES
Ground floor: Circa 567 sq. ft with 18 covers
Basement: Circa 570 sq. ft used as storage
1st & 2nd floor: 435 sq. ft (each) used as lounge with circa 33 covers
Benefits from three phase electricity
Premises licence in place
Rateable Value: TBC
Payable Rates: TBC
THE BUSINESS
We have been informed that currently the Cafe business generates nominal revenue and is managed by the owner with 2 other family members.
The premium is sought to reflect the refurbishment investment made by the owner.
THE LOCATION
Leicester City Centre, LE1
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree to a Non-Disclosure Agreement due to the confidentiality requested by the owner.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. Neither the firm nor any of its employees have any authority to make or give, any representation or warranty whatever in relation to this property.
