LOCATION
The town of Louth is a traditional market town with a population of around 17,000 and boasts many fine Victorian and Georgian buildings, an open market three times a week, independent retailers and the impressive medieval parish church of St. James.
The property is located within close proximity of the town's retail centre and enjoys a prominent position on the 'A16' road which is the main route leading from north to south of the town.

ACCOMMODATION

GROUND FLOOR

SEATING AREA
Providing around 32 covers.

TOILETS
Ladies, gentlemen and disabled toilet facilities.

BAR
Which includes coffee machine, double fridge and freezer, glasses, cups and saucers.

KITCHEN & PREPARATION ROOM

KITCHEN
With preparation tables, pizza oven, cooker, microwave, two fryers, glass washer, two fridges, serving bowls and plates etc.

FIRST FLOOR

STOREROOM/ADDITIONAL SEATING AREA

STOREROOM 2

STOREROOM 3
With shower room off.

STOREROOM 4
With two fridges and two freezers.

Services
Understood to have mains water, drainage, electricity and gas. Gas central heating, fire and security alarm.

Rateable Value
According to the Government's website, the property has a rateable value of £7600 under 2017 rating list.

Lease Terms
The property is let on a 10 year lease from 25th November 2015 with a current rent of £13,200 per annum. The business is offered by way of an assignment of this lease including the current tenant's equipment at an asking price of £65,000 with stock offered separately at an agreed price at date of transfer.

VAT
Please note that VAT may be chargeable on top of the purchase price.

Business Operation
Accounts can be made available to bona fide enquirers who have viewed the property and with our client's express permission.

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