The town of Louth is a traditional market town with a population of around 17,000 and boasts many fine Victorian and Georgian buildings, an open market three times a week, independent retailers and the impressive medieval parish church of St. James.
The property is located within close proximity of the town's retail centre and enjoys a prominent position on the 'A16' road which is the main route leading from north to south of the town.
Providing around 32 covers.
Ladies, gentlemen and disabled toilet facilities.
Which includes coffee machine, double fridge and freezer, glasses, cups and saucers.
KITCHEN & PREPARATION ROOM
With preparation tables, pizza oven, cooker, microwave, two fryers, glass washer, two fridges, serving bowls and plates etc.
STOREROOM/ADDITIONAL SEATING AREA
With shower room off.
With two fridges and two freezers.
Understood to have mains water, drainage, electricity and gas. Gas central heating, fire and security alarm.
According to the Government's website, the property has a rateable value of £7600 under 2017 rating list.
The property is let on a 10 year lease from 25th November 2015 with a current rent of £13,200 per annum. The business is offered by way of an assignment of this lease including the current tenant's equipment at an asking price of £65,000 with stock offered separately at an agreed price at date of transfer.
Please note that VAT may be chargeable on top of the purchase price.
Accounts can be made available to bona fide enquirers who have viewed the property and with our client's express permission.
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- Good size seating area
- Kitchen and servery
- First floor storage rooms
- Includes fixtures, fittings & goodwill
- EPC Rating TBC