Ref: RR2074872
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LOCATIONPenrith is a market town located on the north east fringe of the Lake District with a population of around 16,000. It lies at the junction of the M6 motorway and the A66 trans-Pennine trunk road and has a Station on the west coast main line linking London and Glasgow. Major retailers in the town include Woolworths, Burtons, Country Casuals, Argos, Morrisons, B & Q, Aldi and Focus with market days on Tuesday and Saturday. The property is situated on the corner of Brunswick Road and Brunswick Square a few minutes walk from the town centre.DESCRIPTION & ACCOMMODATIONThe accommodation includes:GROUND FLOORENTRANCE LOBBY;BAR/DINING AREA 5.43m x 5.76m with fixed and loose seating for around 23;BAR SERVERY fireplace, timber panel ceiling and part timber panelled walls;LADIES AND GENTS TOILETS;KITCHEN 4.23m x 2.37m with an inventory of catering equipment including a four ring gas range and ovens, microwaves, grills, double deep sink unit and dumb waiter lift to first floor serving area;FIRST FLOORRESTAURANT 5.65m x 5.91m with tables and chairs for around 32 covers, exposed stone wall;SERVERY 1.95m x 3.77m with dumb waiter from kitchen below, shelving and walk-in store cupboard;OUTSIDESmall yard with access from street.All references to areas and dimensions are deemed to be approximate.RATESDescription in list: Restaurant and PremisesRateable Value: £4,400The rateable value is not the rates payable and prospective tenants or purchasers should make their own inquiries with respect to the rating liability.SERVICESWe are advised that mains water, electricity, gas and drainage are connected to the property. No warranty is given regarding the working order of any appliances or services referred to in these particulars.FIXTURES & FITTINGSIncluded in the letting is an inventory of trade fixtures, fittings, equipment and furnishings. Any items not included in these particulars or the inventory are excluded. The inventory will be returned at the end of the lease. TENUREThe restaurant is available by way of an assignment of a full repairing lease for a term of 5 years from 1 December 2006 at a rent of £13,000 per annum subject review after 3 years. The lease is outside the renewal provisions of the Landlord and Tenant Act 1954.You 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 licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk. COSTSThe ingoing tenant will pay £2,500 towards the costs in connection with the assignment of the lease.VAT & STAMP DUTYAll reference to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Stamp duty is liable at the prevailing rates.VIEWINGStrictly by appointment with the sole agents, PF&K Commercial. Tel. 01768 862135. Fax 01768 892101. E-mail. commercial@pfandk.co.uk Date 04/02/08 Reference C1470
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Disclaimer: Property Reference: 3d098ec00739 This listing is a property advertisement. PropertyIndex.com does not control the content of the advertisement and makes no warranty as to the accuracy or completeness of the advertisement, or any associated or linked information. This property advertisement does not constitute property particulars. The information is maintained by Penrith Farmers' & Kidds - Penrith (Lettings). Please contact the owner, selling agent or developer directly to obtain any information.
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