£15,000
(£15,000.00/sq. ft)
Restaurant for saleMarket Place, Leyburn DL8
1 sq. ft
About this property
Restaurant premises
Busy Market Square position
Excellent condition
Open plan trade area
Exceptional kitchen facilities
Amazing opportunity
Location:
The restaurant is located in the stunning market town of Leyburn in the heart of Wensleydale, North Yorkshire. Situated 9 miles south of Richmond and on the doorstep of the Yorkshire Dales, this historical market town is very popular with local visitors and boasts a thriving tourist trade. It is known for its independent businesses and beautiful architecture and is surrounded by wonderful countryside.
The property sits on the town's market square; it is a large, semi-detached building of stone construction under a pitched slate roof and briefly comprises:
Trade areas:
The entrance to the restaurant is on Market Place and leads into a light, airy space with a wonderful central bar servery, double bay windows and seating for approximately 50 people. This large space has high ceilings and neutral décor, and is ready for the new business operator to put their own stamp on the building. To the rear of the servery is a very useful utility/prep room.
The commercial kitchen is located on the first floor and services the restaurant via a dumbwaiter. The kitchen is well equipped with a range of high-end commercial cooking equipment, a separate washing up area and various food storage facilities.
Ladies’, gentlemen’s and easy access toilets are also located on the first floor of the building.
Large basement with ample storage for drinks and equipment.
Owners accommodation:
A spacious two bedroom apartment is located on the second floor, which is ideal for a manager/operator.
External:
Accessed via French doors to the rear of the restaurant is a large courtyard garden. It is well presented but would benefit from an injection of creativity.
Licence:
A full Premises Licence is held.
Services:
All mains services are connected.
Local Authority: Richmondshire County Council
Rateable value: £10,000
The business has been hitherto let on a traditional commercial lease and therefore no trading accounts are available. Prospective purchasers will need to reach their own conclusion as to the potential trade and profitability which can be enjoyed at this outlet.
Leasehold: £15,000 to include fixtures and fittings.
Term: Six 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 three months’ rent in advance.
Rent: £28,000 per annum
rent review: Subject to rent reviews to be agreed
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 not be payable on the Premium and rental payments
The restaurant is located in the stunning market town of Leyburn in the heart of Wensleydale, North Yorkshire. Situated 9 miles south of Richmond and on the doorstep of the Yorkshire Dales, this historical market town is very popular with local visitors and boasts a thriving tourist trade. It is known for its independent businesses and beautiful architecture and is surrounded by wonderful countryside.
The property sits on the town's market square; it is a large, semi-detached building of stone construction under a pitched slate roof and briefly comprises:
Trade areas:
The entrance to the restaurant is on Market Place and leads into a light, airy space with a wonderful central bar servery, double bay windows and seating for approximately 50 people. This large space has high ceilings and neutral décor, and is ready for the new business operator to put their own stamp on the building. To the rear of the servery is a very useful utility/prep room.
The commercial kitchen is located on the first floor and services the restaurant via a dumbwaiter. The kitchen is well equipped with a range of high-end commercial cooking equipment, a separate washing up area and various food storage facilities.
Ladies’, gentlemen’s and easy access toilets are also located on the first floor of the building.
Large basement with ample storage for drinks and equipment.
Owners accommodation:
A spacious two bedroom apartment is located on the second floor, which is ideal for a manager/operator.
External:
Accessed via French doors to the rear of the restaurant is a large courtyard garden. It is well presented but would benefit from an injection of creativity.
Licence:
A full Premises Licence is held.
Services:
All mains services are connected.
Local Authority: Richmondshire County Council
Rateable value: £10,000
The business has been hitherto let on a traditional commercial lease and therefore no trading accounts are available. Prospective purchasers will need to reach their own conclusion as to the potential trade and profitability which can be enjoyed at this outlet.
Leasehold: £15,000 to include fixtures and fittings.
Term: Six 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 three months’ rent in advance.
Rent: £28,000 per annum
rent review: Subject to rent reviews to be agreed
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 not be payable on the Premium and rental payments
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