*** leasehold price reduced ***
leasehold: Premium £35, 000. Rent £20, 000.
Ground lease guide price £185, 000.
The growing town of Boness is situated on the Firth of Forth and approximately
17 miles west of Edinburgh, 7 miles east of Falkirk and 3 miles south of
Linlithgow. The town enjoys excellent communication links to the rest of
Scotland being close to both the M9 and M8 motorways.
Pier Pizzaz occupies and excellent trading location in the heart of the town
centre. The subjects are directly opposite the main bus station as well as
adjacent to a large park. This is an excellent trading location to cater for
visitors, locals as well as those working in the area.
The business opened in 2019, our client has wisely developed a former bank
premises into a superb restaurant offering, ready for new owners to inherit
and push on as we exit Covid. The business offers an all en - compassing pizza
and pasta offering while also offering steaks and other delicious items from
the grill. Advised internal area circa 210 sq. Metres. Valuable beer garden to
rear.
The business trades from a well patronised “sit in” custom as well as being
active on takeaway sites including Just Eat.
Our clients would consider a new 10 year Fri lease, with a premium of £35, 000
and a passing rental of £20, 000 per annum.
The property and business are also offered on a ground lease basis. The
property is offered for a sale with the residue of new 55 year ground lease.
The annual rental is £2, 200 per annum. Our client advises the ground landlord
may be open to extend the ground lease to approximately 120 years.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: