Property Details

Dragon Royale, Titchfield Street - Kilmarnock

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To Let £15,000 per annum - Other

Description

Fully fitted and equipped Licenced Restaurant.

The subjects currently trade as the Dragon Royale although the proprietor is relocating the business and consequently the premises are being sold to include all furniture and equipment together with a current premises licence and not as a going concern. It might be of interest, however, to note that the restaurant currently trades at an annual turnover in excess of £200,000.

The property is finished to a very high standard and a full inventory of equipment and furnishing will be provided on request.

Accommodation and Floor Areas

The premises are laid out to form; entrance hallway, upper reception/waiting area, restaurant with 60 covers, bar and gantry, ladies and gents toilets, kitchen, cellar, storeroom.

According to our calculations the premises have an internal floor area of 1,792 sq ft.

Services

Mains services of water, gas, electricity and drainage are laid on and the property is served by a modern, gas fired central heating system.

Rating Assessment

The subjects are entered in the Valuation Roll with a rateable Value of £9,800. Please note that should this be the purchaser’s only interest in Commercial property, 100% exemption may be available.

Lease Details

The Restaurant is offered To Let at an initial rent of £15,000 per annum. In addition a premium of £35,000 is required which will include the fixtures and fittings as well as the benefit of the Licence.

Entry

Entry is available from February 2018.

Viewing

Strictly by appointment with the sole selling agent;

Alistair G Paterson FRICS

T: 01563 522855

M: 07843 583596

E: Alistair@paterson-associates.co.uk

Offers

All offers should be submitted in writing to;

Paterson Associates

5 St Marnock Street

Kilmarnock

KA1 1DZ

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Agent Alistair G Paterson FRICS

  • Office : 01563522855
  • Mobile : 07843583596
  • Fax : 01563529843


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