Property Full Details
The property is situated fronting Queen Street, a busy and popular pedestrianised street in the town centre of Market Drayton. There is a nearby car-park situated in Queen Street
The property comprises ground floor shop premises currently trading as The Pheasant Grill. The accommodation has space to expand to include a restaurant and dining in facilities.
The property comprises the following accommodation
(all measurements are approximate):
Sales Area 51.69 sq m 556 sq ft
Rear Store and office (potential restaurant)
56.55 sq m 608 sq ft
WC - -
Total 108.24 sq m 1164 sq ft
Total NIA 175.6 sq m 1889 sq ft
The business has been established as The Pheasant Grill since 1982 and has an established turn over. The existing opening hours are 11.00 – 7.00 Monday – Thursday and Saturday 11.00 – 7.30 Friday and closed Sundays. The majority of the sales are from Fish and Chips but there is the potential to increase opening hours and the range of food sold. There is also the potential to open the restaurant facilities.
Audited accounts are available in respect of the business when an inspection has been carried out.
We understand that mains water, gas, electricity and drainage are connected.
The property is available in a new three year lease or multiples thereof with rent reviews at 3 year intervals on a tenants full repairing and insuring basis at a rent of £10,000 pa exclusive. The landlord may consider alternative proposals from a buyer of the business. The owner may consider selling the freehold.
The Valuation Office website gives the current Rateable Value as £15,750.
The rent is not subject to VAT
Each party is to be responsible for their own legal costs in connection with this matter.
Tel: 0845 6789 003
To ensure compliance with the latest Anti Money Laundering regulations all intending purchasers will be asked to produce identification documents prior to the issue of sale confirmation
For clarification we wish to inform prospective purchasers that we have prepared these sales details as a general guide. We have not carried out a detailed survey nor tested the services, appliances, and specific fittings. The measurements given are approximate.
Strictly by prior appointment with the sole agent, Barbers:
Tel: 01952 221220
1 Church Street