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Agent's details

Frankie & Benny's, Runcorn Road

For sale: £775,000.00|To rent: ROA|4,042 Sq Ft|Other, Restaurants/Cafes, Other Property Types & Opportunities, Licensed & Leisure

Property details

FOR SALE£775,000.00
TO RENTROA
SIZE4,042 Sq Ft
ADDRESSFrankie & Benny's, Runcorn Road, Lincoln, LN6 3QP
TYPEOther, Restaurants/Cafes, Other Property Types & Opportunities, Licensed & Leisure
TENURETo Let, For Sale Freehold, For Sale Leasehold
POSTED ON14th March 2023

Description

Key Points

  • Freehold restaurant for sale/ to let
  • Daily traffic count of 30,941 in 2021
  • Site extends to 0.96 acres (0.38 hectares)
  • Guide Price: Offers in excess of £775,000
  • Located within West Central Business Park just off the A46
  • Nearby occupiers include Total Fitness, Hotel ibis, KFC, Costa Coffee and the Windmill Farm public house (Greene King)
  • GIA approx 375 Sq M (4,042 Sq Ft)
  • Confidential sale - staff unaware
  • Car parking for circa 59 vehicles
  • Summary

    Freehold restaurant For Sale/For Let with car parking for circa 59 vehicles

    Description

    The property is a detached single storey building with brick elevations beneath a pitched and hipped tiled roof and parapet wall.
    Externally, there is a seating terrace to the side elevation for 34 customers and car parking to the front and rear elevations for approximately 59 vehicles.

    Location

    The property is located approximately 4 miles south west of Lincoln city centre within West Central Business Park just off the busy A46.

    Nearby occupiers include KFC, Costa Coffee, Total Fitness, Hotel Ibis and the Windmill Farm pub (Greene King).

    Accommodation

    The restaurant provides a customer trading area with bar servery to the left of the entrance and seating on a variety of tables, chairs and fixed booth seating for approximately 147 customers. Ancillary accommodation comprises customer WC’s, commercial kitchen, office, cellar, staff changing and storage rooms

    Tenure

    Freehold

    Rateable Value

    2017 Rateable Value: £87,000
    2023 Rateable Value: £89,000

    Premises Licence

    The property benefits from a premises licence permitting the sale of alcohol from:

    • 10:00 to 23:00 Monday to Saturday
    • 12:00 to 22:30 Sunday

    Planning

    The property is not listed nor is it situated within a conservation area.

    EPC

    An EPC is in the course of preparation.

    Branding

    The trading name and any branded items are not being included with the property which must be completely re-branded before being reopened.

    Fixtures & Fittings

    Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required.

    Guide Price

    We are instructed to invite offers in excess of £775,000 for the benefit of our clients freehold interest.

    Alternatively rental offers are invited for a new lease.

    Viewings

    All viewings must be arranged strictly by appointment with the sole agents Savills and under no circumstances should any direct approach be made to any staff members.

    VAT

    All figures quoted are exclusive of VAT

    Money Laundering

    Money Laundering Regulations require Savills to conduct checks upon all purchasers/tenants. Prospective purchasers/tenants will need to provide proof of identity and residence.

    Location

    marker
    Location: Frankie & Benny's, Runcorn Road, Lincoln, LN6 3QP

    Hykeham (0.8 miles)

    Lincoln Central (3.6 miles)

    Swinderby (4.1 miles)

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