25 COLWICK ROAD, SNEINTON, NOTTINGHAM, NG2 4AL

HOT FOOD TAKEAWAY WITH RESIDENTIAL ACCOMMODATION – LEASE FOR SALE – PREMIUM APPLICABLE

Business

Restaurant/Takeaway

Location:

The premises are prominently positioned fronting Colwick Road, located within a predominantly residential area of Sneinton, Nottingham City Centre is situated approximately 2.5 miles North West. Colwick Road is close to the junction of Sneinton Hermitage, which in turn connects to the A612 (Manvers Street).

Description:

The premises comprise of a three-storey brick built building surmounted by a pitched tiled roof. Internally the property is arranged as a self-contained takeaway on the ground floor with a suspended ceiling, fluorescent strip lights, tiled floors and walls, kitchen, extractor canopy and a cold store. The upper floors provide residential accommodation with laminate covered floors, plastered and painted walls, three bedrooms, a kitchen and a bathroom.

Accommodation
Ground Floor Takeaway
1,323 Sq Ft
123 Sq M
Total Sq Ft:
1,323 Sq Ft
Total Sq M:
123 Sq M
Energy Performance Certificate:

Details available upon request.

Services:

We are advised all main services are connected.

Planning:

Interested parties should contact Nottingham City Council Planning Department on 0115 8764447.

Tenure / Price:

The property is let on a 20 year lease with effect from 8th April 2021. A premium of £30,000 is sought in respect of the goodwill, fixtures and fittings. The passing rent is £10,400 per annum exclusive.

Business Rates:

The property is currently listed within the 2017 rating listing as have a rateable value of £1,875. Rates payable will be in the region of £935.62 per annum. Small business rates relief may apply.

Interested parties are advised to make their own enquiries to Nottingham City Council on 0115 915 4819.
VAT:

We understand that the property is not elected for VAT.

Legal Costs:

Each party to be responsible for their own legal costs incurred during this transaction.

Viewing:
Strictly by prior appointment with the sole agents,
Mason Young Property Consultants.
Contact Details:
Arjamand Farooqui BSc (Hons)
Tel: 0121 285 3535
Mob: 07929 410 481
Email: af@masonyoung.co.uk
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