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ST HELIER | R | LEASE

Available

£80,000 Per Annum

Gallery (10)

Summary

A very successful business, available to be taken over with the name, brand, menu and goodwill, thus a seamless transition if required. If furniture and equipment not required, the business is also available subject to negotiation. The position is probably the best in St Helier, highly visible and with an enviable partially covered terrace linked to the main restaurant by sliding 'bi-fold' double glazed doors. The whole interior, furniture and kitchen has been redesigned and refurbished within the last two years; creating a 'modern' look; comparable to anywhere in London. The cooking style is Asian 'fusion' specialising in seafood and sushi. Interior covers 70 plus 50 undercover in partial covered terrace which gets the afternoon sun. To arrange you viewing now or for more information, please contact Peter Ridgway on 07797713686

Full Description

Lease
This is a treble fronted restaurant No. 8, 9 & 10 West centre.
Rent payable for 8 & 9 is £50,000 p.a.
Rent payable for 10 is £20,000 p.a.
Rent payable to St Helier parish for terrace area £10,000 p.a.
Total rent is £80,000 p.a.

All leases run to November 2028. 3 Yearly reviews.
Internal maintenance responsibility only.

Accounts & copy of leases available. (Substantial turnover)

Ingoing £250,000. To include lease, all equipment & furnishing, name, brand and goodwill.

The vendor may agree to mortgage £100k of the ingoing over 3 years if required. Subject to status.

Viewing & Disclaimer

Viewing
Please contact us on 01534 880 770 if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Broadlands JE2 endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

Key Features
  • LONG LEASE TO BE ASSIGNED (SUBJECT TO LANDLORD APPROVAL)
  • LANDMARK RESTAURANT
  • PRIME CENTRAL ST HELIER LOCATION
  • 70 COVERS IN RESTAURANT + 50 IN PARTIALLY COVERED TERRACE
  • HUGE FOOTFALL AND POTENTIAL FOR ALL DAY TRADE
  • COMPLETELY REFURBISHED AND REDESIGNED 2 YEARS AGO
  • OFFERED "READY TO GO" WITH ALL EQUIPMENT AND FITTINGS
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