Restaurant/Commercial Premises £145,000 Freehold

Peppercorns Restaurant, 5 School Lane, Leominster.

HR6 8AA

Leominster Office

3 Broad Street
Leominster
HR6 8BT

01568 610600
Ref: LBJ762

Summary

Set Just Off The Central Market Square

In Picturesque Pedestrianised Lane

Freehold Commercial Grade II Listed Property

Including Fully Licenced Refurbished Ground Floor Restaurant

Recently Installed, Fully Fitted Professional Kitchen On First Floor

Additional Potential Living Accommodation On The Second Floor

Excellent Opportunity For Instant Start Up Business

LEOMINSTER

Leominster is an up and coming north Herefordshire market town with a population of 11,000 and a catchment of in excess of 40,000. The town has recently been mentioned in the Sunday Times Midlands category of its guide on the 'best places to live' as well as runner-up in the 'rising star' category of the 2016 Great British High Street Awards.

PEPPERCORNS RESTUARANT

Boasting an excellent rating on trip-advisor this modern yet characterful restaurant is being sold as a freehold grade II Listed terraced property set just off the busy Corn Square in a charming and picturesque pedestrian lane. The restaurant has been recently refurbished offering a light and airy dining area with bar and toilet facilities. The first floor has been converted into an excellent fully fitted professional kitchen, with equipment purchased from new, only 18 months ago (details below).

Further accommodation on the second floor includes two further rooms and bathroom which could easily be used as residential accommodation subject to permissions. This is a truly excellent opportunity to purchase a turn key restaurant business which is rarely seen.

KITCHEN EQUIPMENT

3 x Polar 400ltr upright fridges, 1 x Polar 600ltr upright freezer, Double tier Inomak heated gantry, Buffalo commercial microwave, Turbofan 31D4 commercial oven, 7Kw Buffalo double Induction hob, Falcon 4 burner hob with oven (LPG), Classeq Hydyo washer, Expobar single group coffee machine, Expobar coffee grinder

AGENTS NOTES

The property is being sold with all the fixtures/fittings and furnishings including crockery, pots, pans and utensils (with exception of the pictures in the restaurant).

The building underwent extensive renovation which was completed in 1998 and included a new roof and windows.

SERVICES

Mains Electricity, Water & Drainage.

LPG Gas Servicing Hob & Oven

OUTGOING - HEREFORDSHIRE COUNCIL

Rateable Value: £2,600 amount payable 2016/2017 £1,211.06

The Premises does however qualify for 100% small business relief.

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