Sales - Business  

Croydon Road, Caterham

CONFIDENTIALLY AVAILABLE
(STAFF UNAWARE)
VIEWING STRICTLY BY APPOINTMENT ONLY

MODERN ITALIAN CAFÉ/RESTAURANT
BUSINESS FOR SALE
CENTRAL CATERHAM

  • Sale includes all equipment and fixtures and fittings
  • 46-50 covers
  • Inset TV with sky
  • Both daytime and evening trade


Location
The property is well located in the heart of Caterham Valley Town Centre immediately adjoining Papa Johns Pizza and Blockbusters Video and opposite the Cooperative Supermarket.  The main railway station is just a few minutes walk away.  There is a local bus service which stops close by in Croydon Road and Junction 6 of the M25 is under 3 miles to the south.  There is on street car parking immediately outside the property

Accommodation
This a modern care/restaurant unit fitted out approximately two years ago with an open plan seating area which can accommodate up to 50 covers with a bar/servery area open to the kitchen with separate wc’s to the rear.

Inset to the side wall of the restaurant area is a large flat screen television with a current Sky contract.

The Lease:
The property is held by way of a sublease from Papa Johns Pizza next door for a term expiring on the 2nd January 2021 at a rent of £18,750 per annum plus VAT, subject to review on the 13th January 2011 and 2016.

Terms:
Premium offers are sought for this fully fitted restaurant, subject to the above lease, subject to contract and VAT if applicable.

Energy Performance Certificate:
Awaiting Energy Performance Certificate.

Business Rates
According to the Government website the Rateable Value is £13,500 and the UBR for 2011/12 is 42.6p in the £

Viewing
Strictly by appointment only with Sole Agents
Gildersleve & Payne
Contact Peter Gildersleve FRICS
Tel: 01883 723888

Email info@gpcommercial.co.uk

Property Midescriptions Act 1991
Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose

Code of Practice
Applicants should be aware that the code of practice
on commercial leases in England and Wales strongly
recommends you seek professional advice from a
qualified Surveyor, Solicitor or Licenced Conveyencer
before agreeing or signing a Business Tenancy
Agreement. The Code is available through
professional institutions and trade associations or
through the website www.leasingbusinesspremises.co.uk