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) |
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.
Name | sq ft | sq m | Availability |
Ground - Ground floor and basement Restaurant | 5,455 | 506.79 | Available |
Total | 5,455 | 506.79 |
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.
Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com
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