About this property
The property is located on the corner of Scorer Street and Cross Street. Scorer Street is located directly off Lincoln High Street and Cross Street provides direct access to Lincoln City Football Club Ground. In addition, the premises are located within a densely populated residential district, providing an excellent catchment area.
This fully equipped Fish & Chip Shop is located within a densely populated residential district and close to Lincoln City Football Ground and benefits from having an excellent reputation and trading history. The ground floor premises are available on Lease and the business is fully equipped. In addition to a healthy turnover, the business benefits from a ‘Food Hygiene Rating of 5’.
The ground floor premises have been refurbished in recent years and are well-presented, having a Sales Area with seating open-plan to the principal Kitchen equipped with Food Preparation Rooms and Stores, together with a WC Compartment.
The overall Gross Internal Floor Area extends to 43.7 sq.m (470 sq.ft).
The long-established business enjoys a healthy, steadily increasing turnover and profitability. Further information is available on request.
The ground floor premises briefly comprise;
Sales Area – 3.8m x 3m
With breakfast bar style seating areas and uPVC double glazing.
Cooking Area – 2.5m x 4.8m
Fitted with a full frying range and ancillary catering equipment and storage areas off.
Preparation Area 1 – 1.7m x 3.1m
Fully equipped to include a freestanding oven and microwave, sink unit and refrigeration equipment.
Preparation Area 2 – 2.9m (max) x 2.7m
Incorporating further food preparation space, catering equipment and refrigeration/freezer units. There is also access to an enclosed rear yard area and a Staff WC.
Mains electricity, gas, water and drainage are all understood to be connected.
EPC Rating – D
The property is available to let under the terms of a new Lease for a period of six years, subject to a rent review at the end of the third year. The rent is £8,000 per annum, payable monthly in advance.
The ingoing Tenant will be responsible for a reference fee of £100 inclusive of VAT, together with a contribution towards the Landlord’s legal costs in preparing a Lease of £250 inclusive of VAT.
Rateable Value £2,750. In the event that a full rating liability is required, the current rates payable would be £1,317.25 (Rate to the pound for 2017/18 is 47.9 pence).
Prospective Tenants are likely to qualify for Small Business Rates Relief which, under the current framework, would give up to 100% exemption of rates liability, but interested parties should make their own enquiries.
VAT may be applicable in addition to the rent and purchase price.
By prior appointment through Mundys Commercial.