BUSINESS FOR SALE
- Excellent established Café/Restaurant
- Good secondary trading position
- Ground Floor Net internal area 65sqm/700sqft
- New lease available (subject to landlords’ approval)
- EPC Rating C
BUSINESS FOR SALE
Louth is a market town of approximately 17,000 people, famous for its thrice weekly market and cattle market. The town centre provides essential services for a large rural area and, in particular secondary schools, banks and shopping facilities. The town is famous for its sole proprietor independent retailers including butchers, bakers and specialist clothing etc. In addition, the town accommodates the main High Street banks and national retailers including Boots the chemist, WH Smith, Millets etc. There are 3 supermarkets in the town, being Co-operative, Morrisons and Aldi.
The business is trading from a property situated on Aswell Street, which is a good secondary trading part of the town centre.
Recessed entrance doorway to:
Main Cafe/restaurant -
.52m x 8.92m with serving counter, drinks storage and making facilities, and display units.
With WC and wash hand basin
Food Prep Area -
2.61m x 2.01m with stainless steel sink and drainer, stainless steel food prep counters.
2.2m x 8.94m with fully fitted catering kitchen
First Floor -
Accessed via staircase off the main café/restaurant
2.126m x 5.075m
Seating Area -
3.5m x 3.71m
Seating Area -
3.105m max x 4.28m max
2.95m x 4.281m max with dishwasher, oven, stainless steel sink and drainer, fridge, coffee machine, cupboard housing boiler, and worktops with base storage units
With WC wash hand basin, and baby changing facilities
The business currently operates from 28 Aswell Street, Louth on a lease for £9,600 per annum
Business Accounts -
A copy of the trading accounts can be made available on request.
We understand that mains electricity, gas and water are available. Please note that these services have not been tested and all prospective purchasers are advised to check these are adequate for their needs.
Legal Fees -
Each party will be responsible for their own legal fees in relation to the sale of the business.
Rateable Value -
Enquiries to the Valuation Office Agency (VOA) website indicates the rating assessment from the 18th September 2017 as;
Description: Café & Premises
Rateable Value: £5,100.
Strictly by appointment with Turner Evans Stevens Louth office on 01507 602264
Measurements are approximate with the metric conversion shown in brackets, taken wall to wall unless otherwise indicated.
Notice is hereby given that these particulars are set out for the guidance of proposed purchasers and, although due care is taken in their preparation and they are believed to be correct, proposed purchasers must not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness. These particulars are issued on the understanding that all negotiations are carried out through the agents Turner Evans Stevens, but they do not constitute an offer or contract. Any price quoted in these particulars is subject to contract. No person employed by Turner Evans Stevens Limited has any authority to make or give any representation or warranty whatsoever in relation to this property.
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