The property is situated fronting onto the A49 (Main Trunk Road) between Shrewsbury and Hereford) in Leebotwood, which is situated approximately 2 miles north of the town of Church Stretton, where all local amenities are available. The property benefits from access directly onto the A49.
The property provides single storey detached property providing total floor area of approximately 1644.9ft² (152.82m²)
The property benefits from a generously sized tarmacadam car parking area.
The property is currently arranged to provide an open plan shop sales area with kitchen, toilets and walk-in cold store.
The business currently trades as a coffee shop offering snacks and light meals. There is potential to increase the number of lines offered for sale within the business, including deli and farm shop. The business currently trades from 9.30am to 5pm Monday to Sunday. There is potential for the business to open longer hours, including evening trading. The business is currently run by a manager with 2 members of staff and there is considerable scope for the business to be run by a proprietor with assistance from members of staff.
There is considerable potential for the expansion of the business.Gross Internal Floor Area: 1644.9 ft² (152.82m²)
The property is currently arranged to provide a coffee shop, kitchen, toilet and a cold store.The premises are available to let by way of an assignment of an underlease dated the 20th January 2012 between Travelodge Hotels Limited and Soul Factory Limited. The term of the underlease is for a term from, and including, the 20th of January 2012 to, and including, the 7th February 2034.
The underlease is subject to Tenants Options To Determine the underlease dated the 20th January 2015, 20th of January 2021 and 20th January 2031.
The underlease is excluded from the landlord and Tenants Act 1954 Part 21 and is subject to a Schedule of Conidition.
A copy of the underlease is available from the selling agents upon request.
£12,000 per annum for the period 20th January 2013 to 19th January 2014.
£14,000 per annum for the period 20th January 2013 to 19th January 2015.
There will be an RPI rent review due from the 20th January 2015.Verbal enquiries were made to the local authority and we were advised as follows:
Rateable Value: £12,750
Rates Payable: £5,737