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Offers over
£40,000

Friargate,
Preston,
PR1 2AT
www.kingswoodproperties.co.uk
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Offers over
£40,000
Friargate,
Preston,
PR1 2AT

 Location:

Main road position in very busy and popular area of Friargate. On the main street to the university and main shopping area the footfall in this area is very high. This is a perfect opportunity to take over a popular, establish restaurant business intone of the most popular areas of Preston City Centre.

 Description:

Popular Restaurant business offering 48 Covers, in one on the best locations for local and University clientele. With years of trading history behind it, the Owners have decided to place the business up for sale. There are opportunities to expand on the trade already being achieved.

 Turnover

Turnover is reported as being an average of £3,000 per week.

 Accommodation:

The property is situated over 3 floors and provides the following approximate net internal floor areas:

 Ground Floor

Retail Zone A - 33.11m2

Retail Zone B -27.48m2

Retail Zone C - 23.61m2

 First Floor

Retail Area – 45.34m2

Kitchen – 48.29m2

 Second Floor

Internal Storage – 45.34m2

 Total – 223.17m2

 All measurements have been made in accordance with the RICS Code of Measuring Practice

 Service:

Mains gas, electricity and water supplies are laid on, drainage to main sewer and assumed to be in working order.

 Planning:

Currently used as a restaurant. The premises are considered suitable for Restaurants and premises

Prospective Tenant are advised to make their own enquiries of Preston City Council's Planning Department on 01772 906581.

 EPC:

A copy of the EPC is available in due course or the can be inspected at your local Kingswood office.

Rent:

Rent is £13,500 Per Annum

 Rating assessment:

The Valuation Office Agency website describe the premises as being assessed as a “SHOP AND PREMISES” with a Rateable Value of £9400

All interested parties are, however, advised to make their own enquires of Preston City Council Rating Department on 0172 906972.

 VAT

All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

 Legal Cost:

Each party are to be responsible for their own legal costs incurred in the transaction.

 Viewings:

Strictly through Kingswood on an appointment basis only. 

Please contact Kingswood on:

Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ

Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston,   PR2 8EA

mail@kingswoodproperties.co.uk

www.kingswoodproperties.co.uk

 Disclaimer: 

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.



Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers.

Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

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Features:

For Sale, Goodwill & Rent To Pay , Business For Sale

Phone: 01772 71 71 81
Email:mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk
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