Restaurant/cafe for sale in La Dolce Vita, 35 Hills Lane, Shrewsbury SY1

Key Points

Description

The leasehold business comprises of a very well presented 29 cover restaurant that is arranged to provide an open plan dining area with bar and a commercial kitchen and toilet and ancillary accommodation.

The business trades from a ground floor lock up shop unit that provides a Total Net Internal Floor Area of approximately 679 ft sq (63.07 m sq). It is arranged as a restaurant area with a Total Net Internal Floor Area of approximately 428 ft sq (39.76 m sq) with a toilet. There is then a fully fitted commercial kitchen with a Total Net Internal Floor Area of approximately 193 ft sq (17.93 m sq) that has a toilet and preparation/stores.

The ground floor restaurant premises forms part of an attractive listed property that is of traditional construction being of brick construction under a slate roof cover with a fully glazed shop front to the restaurant.

An internal inspection is recommended to fully understand the quality of the restaurant premises.

Location

The business is prominently located fronting onto Hills Lane in the town centre of the sought after town of Shrewsbury. The business is located adjacent to several of the town centre public car parks and located within proximity of Rowley’s Museum. The surrounding occupiers include Ten and Six, kfc and a variety of retail and leisure based occupiers. The business is located within proximity of all local amenities. The business is located just off Barker Street which serves as one of the main arterial roads serving the town centre of Shrewsbury.

Shrewsbury is the County Town of Shropshire and has a significant catchment population as well as acting as an administrative and tourist centre. The town is sat on the River Severn and had a population of 76,782 at the 2021 census.
The town is located approximately 48 miles west of the City of Birmingham and approximately 40 miles south of the City of Chester. There is access to the national road network via the A5 (M54 link road).

Terms

The business is offered for sale leasehold and is currently subject to a lease for a term of 7 years from 21st of June 2018. The current rent is £9,500 per annum. The lease is granted on Tenants Full Repairing and Insuring terms.

The landlord is willing to grant a new lease at the lease expiry on terms to be agreed further details are available from the selling agents upon request.

Services

(not tested prospective purchasers should rely on their own enquiries)

Mains water, electricity, drainage and gas are understood to be connected to the property.

Planning

Interested parties are advised to make their own enquiries.

The restaurant is understood to benefit from planning consent for Use Class E.

The business trades from a property that is understood to be listed.

Inventory

An inventory relating to the fixtures and fittings included in the sale of the business is available from the selling agents upon request.