Summary
| Property Type | Industrial/Logistics / Restaurant / Restaurant / Cafe / Retail / Showroom |
| Tenure | Lease Assignment |
| Size | 764 sq ft |
| Rent | £7,500 per annum Business for sale to include goodwill and equipment |
| Rates Payable | Upon Enquiry |
| Estate Charge | £798 per annum Paid Monthly with the Rent |
| EPC Rating | This property has been graded as D (91) |
- Purpose Built Air Conditioned Kitchen catering for 9 attendees all cooking at their own workstation
- Well Established profitable business
- Capacity to dramatically increase turnover by adding additional courses
- Perfect for a chef looking for a new venture to suit a lifestyle
- Vendor finance available
About
Modular building constructed and placed around 8 years ago when the cookery school was first established. Open plan Kitchen/classroom set up with store room and accessible w/c to the rear of the unit. There is ample parking on site.
Accommodation
| Name | sq ft | sq m | Availability |
| Building - Business for sale with Leasehold premises | 764 | 70.98 | Available |
| Total | 764 | 70.98 |
Location
Oakham Enterprise Park is approximately 3 miles outside Oakham with excellent road links via the A606 to the A1 and to the M1 Junction 21 at Leicester approximately 25 miles away. The population of Rutland (41,500 according to the 2022 census) is growing and being the County Town of Rutland, Oakham is expanding and the nearby Rutland Water Reservoir attracts thousands of visitors annually.
Mainline Stations
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Oakham30 mins
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Melton Mowbray165 mins
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Stamford (Lincs)201 mins
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Corby272 mins
Underground Station
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Chesham1319 mins
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Amersham1361 mins
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Chalfont and Latimer1372 mins
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Broxbourne1387 mins
Further Information
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Viewings
Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com
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Terms
Offered sale as a going concern with the remainder of a 10 year lease until the end of 2026. The current passing rent is £7,500 per annum plus VAT, Estate Charge and insurances. It may be possible to negotiate a new lease on longer terms if preferred. Direct supply for electricity and water supply is recharged by the landlord - there is no mains gas on site.
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The Business
Business turnover for 2023 is £76,755 - which was managed lower from the prior year from £126,328. The decision was made to reduce the turnover to suit the current owners lifestyle needs and bring it under the VAT threshold. However, the demand remains to offer cookery classes to exceed the 2022 turnover for the right operator with fresh energy. The current owners usually hold 2 classes per week but previously ran more.
Would suit a chef wishing to take a new venture on more sociable terms or wishing to get into a training environment. -
Vendor finance available
Interested parties could benefit from a stage payment plan for the goodwill if required. 50% of the price would be payable on completion with the remainder payable in instalments over a 2 year period. Terms to be agreed.
Gallery
