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£300,000

(£300,000.00/sq. ft)

Restaurant for sale
Brinsea Road, Congresbury BS49

    • 1 sq. ft

Added on 25/03/2025

About this property

    Freehold £345,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Or, alternatively:

    Leasehold: £195,000 to include goodwill, fixtures and fittings. Stock at valuation in addition
    term: 20 years
    landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954
    assignability: Fully assignable subject to Landlord’s consent
    bond: A bond equivalent to 3 month’s rent in advance, plus personal guarantors if the lease is taken as a Limited Company.
    Rent: £20,800 per annum, paid weekly in advance
    rent review: Subject to rent reviews every fourth year of the term
    repair liability: Full repairing and insuring lease agreement
    tie: Free of all trade ties
    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 be payable on the Premium and rental payments.

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    £1,500 per month

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