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Maglona House, 1 Heol Penrhallt, Machynlleth, SY20
£745 pcm *Tenant Info

Property available on: 12/11/2018

An opportunity to lease a successful commercial premise in the heart of Machynlleth. Situated under the iconic clock tower the premises offers a large front of house seating area, kitchen, rear yard and WC. With the exception of a coffee machine, the café is extensively equipped down to the last knife and fork and ready to trade, alternatively, the equipment can be purchased at a negotiated price which can then be deducted from the ingoing premium.

Description
An opportunity to lease a successful commercial premise in the heart of Machynlleth. Situated under the iconic clock tower the premises offers a large front of house seating area, kitchen, rear yard and WC. With the exception of a coffee machine, the café is extensively equipped down to the last knife and fork and ready to trade, alternatively, the equipment can be purchased at a negotiated price which can then be deducted from the ingoing premium.

Main front of house seating area
9.58m max x 4.42m
Large front of house seating area with base units to the rear, laminate flooring, large glass windows to front, access to WC, opening through to Kitchen area.

Kitchen
3.98m x 3.96m (13'1" x 13')
Vinyl flooring, door to rear yard.

Rear Yard


WC


LEASE DETAILS


Rent
745pcm

Ingoing Premium
£5000 ingoing premium. This does include the use of all equipment.

Equipment
Can be used and maintained by the tenant. Current equipment includes:-Indoor and outdoor tables and chairs.-Fridges and freezers-Cutlery, cups, glasses, plates.-Microwaves-Electric oven-Till

Term
5-year or 10-year lease (in which case there would be a mid-term rent review).To exclude the security of tenure provisions as contained within the 1954 Landlord and Tenant Act.

Insurance
The Landlord to insure the premises and recover the annual premium from the tenant on demand.

Deposit
None. However there is an ingoing premium.

Repairs
Full Repairing and Insuring Lease.

Costs
Tenants to be responsible for Landlord's legal costs.

Location
City / Town

 

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