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Tenanted Fish & Chip Restaurant – New 10 Year Lease Producing £24,000 pa
Two storey detached cottage fully fitted out and operational for a number of years as a licensed fish and chip restaurant and takeaway. Internally the ground floor provides takeaway servery, restaurant with bar area, kitchen, Wcs and ancillary. The fiorst floor provides additional storage. Externally there are seating areas to the side and rear. Accommodation 182.3 m2 / 1,962 sqft (VOA figures) Location Prominently located fronting Newhouse Road close to the junction with Preston New Road (A583) and Waterloo Road in a popular residential area approximately 1 mile south of Blackpool. Tenancy 10 years from 2021 incorporating a rent review in 2026 and a rent of £24,000 plus VAT per annum. Refer to legal pack for copy of the lease. Tenure Please refer to legal pack Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating C
Local Authority
Blackpool Borough Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.