King Street, Leicester

LOCATION
Located on King Street, Leicester. Within Walking distance to Leicester City Centre and surrounded by various business and residential occupiers.

DESCRIPTION
Exclusive opportunity to purchase this cafe which has been established for many years. The business benefits from local walk in trade and delivers to a number of local businesses.

The business has excellent potential for any new owner to establish longer opening hours as currently the operational hours are; Monday - Friday 7am - 1pm. There is great scope for the property to be renovated on the upper floors and additional seating to be created.

The business comes with a website and social media pages with great Google reviews!

The property has a prominent corner position on King Street, Leicester. Comprising of Ground floor Serving and seating area, Rear Kitchen and preparation facilities and 2 upper floors that are used for storage only. WC facilities are available on the first floor. There is also a basement.
The cafe has been operating as a family business for many years and is being sold due to retirement of the current owner.

There is a list of equipment available on request and a small van is also included in the sale.

Business guide price - £35,000 - Sensible offers are welcome and the price includes all fixtures and fittings.

Financial accounts are available on request and subject to affordability checks on any interested parties.

The current rent amount payable is £720 per month / £8,640 pa - new lease is negotiable and terms are to be agreed with a suitable tenant.
Rent deposit is payable
Building insurance is payable to the landlord

The business qualities for small business rates relief however all interested parties are advised to make their own queries in relation to business rates.

ACCOMMODATION
Ground floor - c. 692 sq. ft
First floor - c. 580 sq. ft
Second floor - c. 376 sq. ft
Basement - c. 236 sq. ft

Total. c. 1884 sq. ft

All sizes are approximations.

SERVICES
It is understood services are connected but have not been tested by the agents.

There is currently a supply of gas, electric and water.

LEGAL COSTS
Legal fees and administration fees payable

PLANNING
All parties to make their own enquiries in relation to planning.

OTHER
IF YOU ARE LOOKING TO SELL OR LET YOUR BUSINESS PREMISES OR A GOING CONCERN BUSINESS TRANSFER THEN PLEASE CONTACT US AT REIGN COMMERCIAL.

Important Information:
All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Reign Commercial ltd or its employees or agents.
Neither Reign Commercial ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.
Health & Safety:
You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting. All interested parties must follow government guidelines relating to Covid-19 when visiting the property.

VIEWING
Viewing via Sole Agents - Reign Commercial Limited and on an appointment basis only.

All viewers are requested to follow government guidelines relating to Covid-19 when viewing.