Rathods are pleased to offer this well established FULLY LICENSED BAR / GRILL & FUNCTION ROOM TO LET (BUSINESS LEASE FOR SALE), situated on the heart of Melton Road. Nearby business include, Shops, Restaurant, Video Shop and Boutiques. The current business has been successfully trading now with an excellent reputation and reviews. This vibrant restaurant is located within a prominent trading position on Melton Road in Leicester City Center. The restaurant has a seating capacity of for 150 covers & Function room has a seating capacity of for 150/180 covers. The restaurant benefits with private car park to rear for 8 vehicles. Bar licence till 2:00 am for restaurant & function room . Sponsorship licence is available for transfer.
CURRENT RENT: £35,000 P.A.
PLUS GOODWILL / F&F : £230,000
LEASE TILL: 2034
RENT: £35,000 TILL 2023
RENT: £40,000 TILL 2027
Property Reference MER-1HMH13HY83B
Tenure: Leasehold
*This mortgage calculator is provided for general information purposes only. It's intended to provide you with an estimate of your potential mortgage payments and does not constitute an offer of finance or advice. The calculations are based on the information you provide and do not take into account your individual needs and circumstances.
The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.
Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.
Remember, your home may be repossessed if you do not keep up repayments on your mortgage.
| Tax Band | % | Taxable Sum | Tax |
|---|
Your estimated gross rental yield would be:
