THE premises for a Kendal resturant is now on sale for £240,000 from H&H Land & Estates.
A 999 year leasehold restaurant premises is on sale, however not the business, let for the residue of a 15 year lease, producing £19,000 per annum reflecting a yield of 7.6%.
However the business is not for sale.
The premises were comprehensively refurbished, upgraded and improved by our clients in around 2005.
After initially running a restaurant business themselves our clients let the property to an individual in 2009, trading as the well run and highly popular Jintana Thai Restaurant.
The owner of Jintana runs two other restaurants under the same names, one in Ambleside, the other in Bowness-on-Windermere.
- Excellent restaurant premises for sale [not the business], comprehensively refurbished and improved in 2005 by the current owners.
- Available as a long leasehold investment.
- Let to an individual tenant, trading as the highly popular Jintana Thai restaurant.
- Rental of £19,000 per annum representing a yield of 7.6%.
- Prominent high street location in Kendal town centre.
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