Town Centre Restaurant

It is an expanding commercial centre and there are a number of new housing estates planned which will increase the local population and no doubt will bring additional customers to this venue.

THE PROPERTY
The two inter-linked ground floor Grade II Listed premises offer around 700 sq ft of retail space providing a bar servery and takeaway area plus the 28 cover restaurant and customer WC.

There is a fully equipped commercial kitchen, store rooms, staff WC and an enclosed rear yard.

The restaurant area has a fitted hot/cold air conditioner/dispenser and both units have street frontage.

THE BUSINESS
Operating as the Taj Mahal the business will be offered fully furnished and equipped subject to trade inventory excluding those items of a personal nature.

This property could equally trade for any type of cuisine.

The licence to serve alcohol is for evenings only, 7 nights a week but could be extended subject to permission from the local authority.

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

SERVICES
All mains connected.

BUSINESS RATES
£10,250 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.