Leasehold Restaurant Business

 

Summary

  • Unique Opportunity
  • Fully Fitted
  • Prime Position in Building
  • Best Location in Town
  • Ready for Immediate Trade
  • Overlooking Queens Gardens
  • Includes Alfresco Terrace
  • Currently No. 2 on Trip Advisor

Accommodation

The accommodation comprises the following areas:

Namesq ftAvailability
Ground 2,755 Available
Total2,755
Treasury Building - Vandal Int 1.jpg

Location

The Treasury Building is situated at the junction of Palmyra Square and Springfield Street, overlooking Queens Gardens within the Cultural Quarter.

The property is situated between the Parr Hall and The Pyramid Art Centre. Golden Square and the retail core and Time Square, the leisure core, are both within 5 minutes walk.

Get directions from Google Maps

Further Information

Price £130,000

Rent £55,000 per annum

Rates Payable £5,738.50 per annum

EPC Rating This property has been graded as D


Description

The Treasury Building is one of the finest landmark buildings in Warrington, that has been lovingly restored to its former glory by the current Landlord.

The subject property, Vandal Bar/Restaurant, occupies the front left main floor and benefits from its own dedicated entrance at the top of the external stone main entrance stairway.

We are delighted to offer the opportunity to acquire this fully fitted and ready for trade Leasehold restaurant business.

The property comprises a lovely lounge bar/restaurant area, open dining kitchen, wc facilities and external roof terrace.

The premises has a fitted bar, tables, chairs, cutlery, glassware and a fully fitted kitchen and the full list of items included in the sale is attached.

The current trading operation benefits from the following covers:-

Front room and Bar 34. Restaurant 35. Kitchen 16. Out on front terrace 24. Roof terrace 30.

The fully trading business and Lease are available to purchase, enabling turn key trade from day 1. This includes all future bookings, intellectual property and social media, currently appearing second on Trip Advisor.

The current Rateable Value is under £12,000, which means that qualifying small businesses should be zero rated for the time being.

Services

Mains electricity, gas, water and drainage are connected.

Tenure

A new long term lease is available direct from the Landlord at a commencing rental of £55,000 per annum.

VAT

We are advised that the property is not currently registered for VAT.

Purchase Price

The trading business lease and all fixtures and fittings etc is available for a one off premium of £130,000 plus VAT. The full inventory of fixtures and fittings is attached within the brochure.