Barn Bistro

North Barn, Lion and Lamb Way, Farnham, GU9 7PY

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Property Type Retail
Tenure To Let
Size 1,169 sq ft
Rent £16,000 per annum
Business Rates £8,602.50 per annum
Energy Performance Rating This property has been graded as D (78)

Established restaurant business for sale

Key Points

  • Business lease for sale
  • Rent of £16,000 per annum
  • Prominent position adjacent to Waitrose supermarket
  • Immediately opposite the public carpark
  • Extensively fitted out
  • Short walk from Lion and Lamb Yard

Description

Barn Bistro operates as an Italian restaurant since January 2023, extensively fitted out and presented for this purpose.

The building occupies a prominent position adjacent to Waitrose supermarket, immediately opposite the public carpark and within a short walk of Lion and Lamb yard.

It is currently presented as an open restaurant area with 42 covers (well-spaced), to include 2 elevated table areas at the front entrance, leading into the bar / service counter, with separate good sized kitchen and prep areas.

The unit is well fitted internally, to include air conditioning.

The disposal of the business will include all current fixtures and fittings.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Unit - Main floor area 1,169 108.60 Available
Total 1,169 108.60

Terms

Offers invited in the region of £95,000 for the business goodwill, fixtures and fittings.

Lease

The property is held under a 10 year lease from 05 January 2023 at a rent of £16,000 per annum exclusive, to include a rent review and break clause on 05 January 2028. There is a modest annual service charge payable.

business rates

Rateable value - £15,500 per annum.
Rates payable - £8,602 per annum.

EPC

EPC - D/78.

legal costs

East party to meet their own legal costs incurred in the transaction.

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