028 2564 8829

Harry Clarke & Co

Search More

24-26 Greenvale Street, Ballymena, Antrim, BT43 6AR £45,000

  • Recently refurbished cafe/restaurant
  • Prime location, close to Dunnes at Tower Centre entrance
  • Seating for circa 90 patrons
  • Established Cafe/Restaurant Site in Greenvale Street for circa twenty years
  • Solomon Grundy re-branding option available (at additional cost)
  • Refurbished Cafe/Restaurant business, on a long established site
  • Adjacent to Tower Centre Greenvale Street Entrance (average weekly footfall reported at circa 87K)
  • Seating for circa 90 patrons (Ground and First Floor Restaurant areas)
  • Rent free period on Offer until January 2018

Property Description

Situated close to the Greenvale Street entrance/exit to the Tower Centre with frontage to Greenvale Street, which forms part of a natural link between the Tower Centre, the traditional Shopping Centre and to the Fairhill Shopping Centre, this recently refurbished Cafe/Restaurant is presently known as Cafe Greenvale and is a continuation of a Cafe/Restaurant presence on this Site for circa twenty years.

Offered on a Goodwill, fixtures and fittings/Leasehold interest basis, the stated asking price is for the business and premises as is, though the Purchaser would have the option of a re-branding to Solomon Grundys a well known former Pig themed Restaurant in Ballymena, the full range of associated artefacts and original paintings are available, at a further cost of £25,000 (offers invited).

 

Rates:  The NAV of the premises is £14,000, which precipitates a Rates Burden (2017/18) of £5,173.66 (20% discount applied as Small Business Rates)

 

Lease:  The property is held on the balance of a 10 year Lease, with circa 9 years 9 months unexpired (as at September 2017).  There is a Tenant Option Break Clause at the end of year five. The rent is £20,000 per annum (Lease assignment subject to Landlord Approval)  The Vendor is offering a rent free period until January 2018 to a Purchaser.


Agent Information

Harry Clarke
  • Office: 028 2564 8829
  • Fax: 028 2565 8784