Summary - 36 - 40 TOLL GAVEL BEVERLEY HU17 9AR
1 bed 1 bath Restaurant
**Standout Features:**
- **Prime Location**: Situated in the heart of Beverley, in a high footfall area with proximity to national retailers and dining options.
- **Spacious and Elegant**: Accommodates 85 covers with a contemporary design, bar, lounge area, and additional space for food prep and storage.
- **Secure Lease**: Held on a 10-year lease from April 2022, offering stability in a very reasonable rent for such a coveted location.
- **Established Business**: Generates a strong weekly turnover of £12,000 to £15,000.
- **Full Equipment**: Well-equipped with modern fixtures, including a separate pot-wash area and draft beer cellar.
- **Accessibility Features**: Includes facilities for disabled guests.
**Concerns:**
- **Short Lease Left**: Only 9 years remain on the lease, which may limit financing options for prospective buyers.
- **High Crime Rate**: The local area experiences a very high crime rate, which could impact customer traffic and perceptions of safety.
- **Older Construction**: Built before 1900, and while retrofitted with double glazing, insulation may be minimal, potentially affecting energy efficiency.
- **Premises Condition**: EPC Band G indicates potential considerations for energy efficiency improvements.
This stunning restaurant is an exceptional opportunity for investors or restaurateurs looking to capitalize on a busy location in Beverley. With the potential for further renovations or personalization, the spacious interiors and prime visibility promise a thriving business environment. However, prompt interest is advised due to the short lease term and the dynamic rental market in this affluent area. Envision building your culinary dream in a space designed for both comfort and performance, in a vibrant community bursting with amenities and bustling daily foot traffic.
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