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16 South St
1,090 SF of Assignment Available in Braunton EX33 2AA
Assignment Highlights
- Takeaway Restaurant Business for Sale
- Ground floor servery and waiting area with adjoining 40 cover restaurant and garden area with further covers
- Situated just off village Square within popular coastal village
- Currently operated as fish and chip take-away / restaurant but suitable for wide variety of trading styles
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,090 SF | Negotiable | $17.09 /SF/YR $1.42 /SF/MO $183.99 /m²/YR $15.33 /m²/MO $1,553 /MO $18,631 /YR | TBD |
Ground
Offers are invited for the Leasehold interest and an assignment of their existing lease. Currently the rent is £14,700 pa for the whole building including the residential accommodation, which our client’s currently let for £9,600 pa. A premium of £69,950 is requested for the trade fixtures, fittings and equipment, goodwill of the business plus SAV.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Fast Food Restaurant
- Located in-line with other retail
- Kitchen
- Demised WC facilities
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 16 South St , Braunton, DEV EX33 2AA
| Property Type | Retail | Gross Leasable Area | 1,090 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1950 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,090 SF |
| Year Built | 1950 |
About the Property
The main building is of two storey construction with ground floor frontage and rendered elevations above, all under a pitched slate roof. The ground floor provides take-away servery, with fitted frying range and a 40 cover restaurant area which also provides access to the rear garden making it suitable for further covers if desired. Additional space at ground floor include customer toilets preparation kitchen, dry store and potato room. To the side of the property is a yard area which provides self-contained access to the upper floor accommodation which consists of two bedrooms, shower room, kitchen and lounge / diner all of which benefits from central heating and double glazing. The accommodation is currently let and is equally suitable for owners’ accommodation or additional rental income.
- Bus Line
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James Doble -
JD Commercial Ltd
Learn More About Leasing Retail Properties
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16 South St
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