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Offers in region of

£55,000

Restaurant for sale

Whitecross Road, Lydney GL15

Offers in region of

£55,000

Restaurant for sale
Whitecross Road, Lydney GL15

    Added on 07/09/2023

    About this property

      Description

      Situated within Lydney's Bathurst Park, we are pleased to offer this established coffee house business, available as an on-going concern.

      The venue has historically accommodated a cafe/coffee house for the last 10 years but was revitalised by the current owners a few years ago, and has been trading for the last few years with a great reputation, taking full advantage of its picturesque and popular location. The opportunity includes all items associated with this business including a fully equipped commercial kitchen (F&F list available upon request.

      The venue has versatile layout (currently accommodating 100 covers) comprising; main entrance with seating area and counter, shared stock room and WC, outdoor seating area and free car parking within the park.

      Lydney is a popular town with many notable features to include access to network rail. Its current population stands at 9,633.

      Tenure: Leasehold

      Floor Area

      Briefly comprises –
      Reception/servery with commercial kitchen - 50 covers - NIA 57m2/620ft2
      Share of the interconnected cloakroom/WC facilities
      Outside
      Short canopied area with associated aprons - 25 covers
      Immediate adjacent random park benches - 25 covers
      Total covers circa 100

      Services

      Mains services believed to be connected. All interested parties to make their own enquiries.

      Tenure Offered Leasehold – Fri.

      The property is of a Leasehold tenure for a term of 12 years with approximately
      11 years unexpired on Full Repairing and Insuring terms having a three year rent
      review pattern. The current rent passing £5,774 per annum exclusive [pax] with a
      service charge of £600 per annum.

      Rates

      Contact foddc.

      Viewings

      Strictly by prior appointment with Hills

      More information

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