Well established Chinese restaurant situated on Castle Road in the very heart of Sheffield city centre, close to the University

9

Sheffield, S1

Price £20,000 pa  - July 2020

Well established Chinese restaurant situated on Castle Road in the very heart of Sheffield city centre, close to the University

LOCATION: The property is situated on Castle Road in the very heart of Sheffield city Centre, close to the University. A number of hotels are also in very close proximity. The area has very recently undergone total refurbishment to provide wonderful new leisure areas for students, city workers and visitors.

DESCRIPTION: The area has very recently undergone total refurbishment to provide wonderful new leisure areas for students, city workers and visitors. The premises briefly comprise of: Glass fronted frontage and located in the Centre of a parade of businesses beneath a high-rise block of professional offices. Entry to open plan, air-conditioned restaurant floor spaciously arranged to accommodate 60 diners. Service bar and bottle / dry store to the rear. Steps to lower ground floor customer wc’s and commercial kitchen, comprehensively equipped and with a vast range of refrigeration. Staff WC and cloakroom. Wide doors to additional storage room and communal rear yard for deliveries and waste collection.

USES: A3/A4/A5

PREMIUM: £19,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill

RENTAL: £20,000 per annum

TERMS: 6 year left of a renewable lease

BUSINESS RATES: No Business Rates: All interested parties are encouraged to make their own enquiries with local authority

SIZE: Approximately 1474 sq ft

OPENING HOURS: Open 7 days a week 11 a.m till 9 p.m

STAFF: Owner managed 3 staff

TURNOVER: Current turnover in excess of £82,000 per annum approximately.

ACCOUNTS: Available on request

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Sheffield

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 56- C Rating. C copy of this property’s energy performance certificate is available on request.

COVERS: 60 Covers

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Through London Properties by appointment only

Tenure  : Leasehold

Deposit amount  :   £1,923.05

    Additional Details

  • Available From: 09 Jul 2020
  • Reference number: tokyouS1

Property Features

  • Furnishing: Furnished
  • Tenure: Leasehold
  • Microwave
  • Full Double Glazing
  • Washing Machine
  • Oven/Hob
  • Gas Central Heating
  • Class: A3 : Restaurants and cafes
  • Size: 1474

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