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- LoopNet Team
Ellerthwaite Square
Windermere LA23 1DP
Property To Rent
ASSIGNMENT HIGHLIGHTS
- Outdoor seating area at front
- Restaurant areas refurbished in 2022
- Strong annual turnover (£480,000) with low operating costs
- Kitchen refurbished in 2021
- Operates 7 nights a week, from 5:00pm - 9:00pm
- Opportunity to expand working hours and increase revenue
PROPERTY FACTS
| Property Type | Retail | Net Internal Area (NIA) | 1,183 sq ft |
| Property Subtype | Restaurant | Year Built | 1911 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Net Internal Area (NIA) | 1,183 sq ft |
| Year Built | 1911 |
ABOUT THE PROPERTY
-Comprises specialised fish-only restaurant, with outdoor seating area at front -Kitchen refurbished in 2021. Restaurant areas refurbished in 2022 -VAT is applicable to this property -Operates 7 nights a week, from 5:00pm - 9:00pm -Strong annual turnover (£480,000) with low operating costs -Opportunity to expand working hours and increase revenue -Situated within short walk from Windermere Train Station, with occupiers nearby including Sainsburys Local, Co-Op Food, Restaurants, Hotels and more. Property Description Comprises high-end restaurant arranged over ground floor and basement, providing the following accommodation and dimensions: Ground Floor: 70 sq m (753 sq ft) Restaurant seating, kitchen, wc`s Basement: 40 sq m (430 sq ft) Ancillary, storage Total GIA: 110 sq m (1,183 sq ft) Terms Lease for sale, available on the following FRI terms: Term: 15 Years from 25th July 2019 until 24th July 2034 Rent: £384.62 + VAT per week (PCM: £1,666.67 + VAT) paid monthly in advance Rent Review (open market): 25th July 2025 and 2028 Break Clause: 25th July 2028 with min 6 months notice Deposit: £5,000 Premium: £195,000 inc. fixtures and fittings Lease within Landlord & Tenant Act 1954
