Saffron Restaurant, New Road, The Village, Prestbury, Cheshire, SK10 4HP
The property is situated within the affluent village of Prestbury which forms part of Cheshire's "Golden Triangle" with Wilmslow and Alderley Edge. New Road (A538) is one of the main thoroughfares through the village and there is large free public car park to the rear. Manchester city centre lies approximately 13 miles to the north and Macclesfield 3 miles to the south.
Predominantly two storey mid-terrace restaurant which the Vendor informs us has recently undergone extensive refurbishment at a cost of ú165,000 fit out to the tenant, with circa 110 covers provided across ground and first floors.
The following details and internal photographs have been provided by the Vendor: Gross Intrernal Area: 250 sq m (2,681 sq ft)
Enclosed yard at rear.
The Vendor informs us that the current tenant Saffron Room Limited has traded in the village for over 5 years and they recently relocated into the premises. The property is let for 15 years from 2015 on an FRI lease at an initial rent of ú45,000 per annum with 5 yearly rent reviews.
The lease has been agreed and signed by the landlord and tenant and awaits approval by the vendor's lender. Therefore the vendor has agreed the sale will be conditional upon the lease completing and if it does not within 20 business days of the auction the purchasers deposit will be returned to them, unless both parties are happy to agree otherwise.
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