Summary

Property Type Restaurant
Tenure Lease Assignment
Size 5,455 sq ft
Rent £80,000 per annum
Rates Payable Upon Enquiry
EPC Rating This property has been graded as D (77)
  • Passing rent £80,000 per annum + VAT
  • Fully fitted - turn key site
  • Circa 120 covers plus basement bar
  • Potential to increase basement capacity
  • Circa 11 years left on the lease
  • Sold by way of lease assignment

About

Occupying the ground floor and basement of a 3 storey building - with the upper floors set out as residential accommodation (Not included in the lease)
The restaurant is currently closed but is turn key with all equipment in place ready to trade.
Fully equipped catering kitchen - walk in fridge and freezer included within the £40k premium.

Gastrono-me, 22 Abbeygate Street, Bury St. Edmunds, Restaurant Lease Assignment - IMG_0554.jpg

Accommodation

Namesq ftsq mAvailability
Ground - Ground floor and basement Restaurant 5,455 506.79 Available
Total5,455506.79

Location

The property is located on Abbeygate, which is one of the main shopping streets in the Centre Of Bury St Edmunds.
Bury St Edmunds is a well regarded Town in East Anglia. With prestigious shopping, and an award-winning market, Bury St Edmunds is under two hours from London and very convenient for Cambridge, Ipswich and Norwich.

Get directions from Google Maps

Gastrono-me, 22 Abbeygate Street - IMG_0555.jpg

Further Information

  • Viewings

    Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com

  • Terms

    Offered sale by way of lease assignment
    15 year lease from May 2020 - Fully repairing and insuring terms
    £40,000 lease premium - to include all equipment and any licenses to transfer
    £80,000 + VAT plus building insurance is the current passing rent
    Break and review clauses in 2028