07/02/2024
THE FEATHERBLADE
* 64 Seat Restaurant Premises over First and Second Floors overlooking Lord Street
* Exceptionally Well Appointed and
* Refurbished and Ready to Trade
* Inventory of Refurbishment Expenditure and Fixtures and Fittings Available on�Request
* Ingoing Premium of £19,950
* Rental £12,000 Per Annum - By Way of a New Lease, Subject to References and Landlord's Consent
Location: The subject property is located to the first and second floors to 118 Lord Street, Southport overlooking the monument in a prime position to Lord Street. The unit is situated in close proximity to Prezzo and Mamma Mia's Pizzeria. Lord Street is the major & established retail thoroughfare of the town and home to many of the towns national retailers.
Description: Premium £19,950.
The former Featherblade Steakhouse is accessed from a dedicated entranceway off Lord Street leading to the primarily open plan first floor for dining and kitchen facilities, together with WC and storage accommodation to the first floor.
This property has been extensively refurbished to include air conditioning system, extraction facilities, kitchen equipment, fixtures and fittings in return for the premium of £19,950.
A new lease would be proposed for a term to be agreed at a rental of £12,000 per annum exclusive of other outgoings, subject to appropriate references and landlord's consent.
An inventory of the fixtures and fittings included within the sale premium can be provided on request.
Accommodation: We understand the premises extend to approximately 84.70 sq m (911.37 sq ft) Net Internal Area.
Terms: The property is available by way of a new lease on terms to be agreed.
Rent: £12,000 per annum. Premium: £19,950.
Legal: Ingoing tenants will be responsible for the landlord's reasonable legal fees incurred in the preparation of the lease.
Business Rates: The tenant/purchaser would be responsible for the payment of business rates. Please note, the property is listed in the current Valuation List as having a rateable value of £8,600. Therefore, subject to meeting the current small business rates criteria, the occupiers would benefit from business rates exemption.
Viewing: Strictly by appointment made via Email : [email protected]
Mobil: 07572595609
