For Sale £50,000 - 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 previously traded 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 £9,200 ( 2023 revaluation). 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 For Sale at a price of £50,000, inclusive of all fittings, furniture and equipment. The Premises Licence has lapsed and it will be the responsibility of the purchaser to re-apply available for transfer.
Entry
Early entry is available.
Viewing
Strictly by appointment with the sole selling agent;
Alistair G Paterson FRICS
T: 01563 522855
M: 07843 583596
Offers
All offers should be submitted in writing to;
Paterson Associates
5 St Marnock Street
Kilmarnock
KA1 1DZ
