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Established Turkish restaurant for the past 12+ years , retirement now brings this great opportunity on to the market, with accommodation above, off road parking space and good potential to grow further.
Lease: 15 years remaining (that can be extended) leaseholder advises
Accommodation: At present arranged as a B&B on average £125 pw per room / this could be put back to one large flat if required/staff accommodation
Rent: £24,000 PA as advised by the leaseholder
Covers: approx.60 covers and outside seating to front .
Guide Price: £79,995.00 Leasehold OFFERS INVITED to include everything cooking ovens / grills / table & chairs / etc Stock can be discussed if required.
This is a great chance to obtain such a good business in a dominate location .
Based on property / land value of £79,995 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
or purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
79995.00
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