Josie’s Tapas Restaurant

Josie’s Tapas Restaurant
£ 20,000

Published on October 31, 2018

Building:
Josie's Tapas Restaurant
Address:
18 Holburn Street
Postcode / City:
AB10 6BT Aberdeen
Type:
LEASE FOR SALE
Info PDF:
Download
Square Feet:
1,199

Description

JOSIE’S TAPAS RESTAURANT LEASE FOR SALE

The property occupies part of the ground and basement floors within a 3 storey, mansard attic and basement building of substantial granite and slate construction. There is also a single storey extension of similar construction.

The existing business has been established for many years and is well known throughout the Aberdeen community – see website and Facebook pages.

LOCATION

The property is located on the west side of Holburn Street only a short distance from the junction with Union Street, Aberdeen’s principal shopping thoroughfare.

Aberdeen is Scotland’s third city known as the oil capital of Europe with a population in the region of 215,000, a total catchment of 500,000 and is one of the most prosperous regions in the UK.

ACCOMMODATION

The following accommodation is provided:-   

  Gross Internal Area

Ground Floor
Bar/servery, main restaurant with
in the region of 48 covers, fitted
kitchen incorporating wood
burning kiln, male, female
and disabled toilets,
boiler room              

 

 

 

87.98 m2 (947 sq ft)           

Basement
Storage                                        

23.41 m2 (252 sq ft)

Total

111.39 m2 (1,199 sq ft)

SERVICES

All main services are installed. Heating is by a gas fired radiator central heating system.

LEASE TERMS

The property is held on lease until 29th November 2022 on Full Repairing and Insuring terms at a rental of £15,500 per annum.

FIXTURES & FITTINGS

The property has been fitted out to a high standard and all fixtures, fittings and goodwill are included within the sale.

RATING ASSESSMENT

The subjects are entered in the current Valuation Roll as follows:

Net & Rateable Value – £15,000.

The Uniform Business Rate for the year 2018/2019 is 48.4p in the £.

This property may qualify for 100% relief under the Small Business Bonus Scheme.

LICENSE

An application has been submitted for a premises liquor license.

PRICE

Offers in the region of £50,000 are invited for the leasehold interest – Reduced price £20,000.

All fixtures and fittings included.

VAT

All figures quoted are exclusive of Value Added Tax.

EPC

This property has an Energy Performance Rating of G. Further details on request.

ENTRY

On completion of legal formalities.

LEGAL COSTS

Each party will be responsible for their own legal costs in connection with the transaction with the purchaser/tenant liable for LBTT and registration dues in the normal manner.

OFFERS & VIEWINGS

All offers should be submitted in writing to the sole agents who will also make arrangements to view.

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