High Street

 

For Sale £20,000

Skegness

Key Features

  • Thriving & well established cafe business
  • For sale by assignment of the lease
  • A Town Centre 50-60 Seater Cafe Business
  • For sale as a going concern
  • All year round trading
  • Excellently located Takeaway facility
  • Well equipped
  • EPC Rating D

Business For Sale: Yorkies Cafe occupies a prime trading position on High Street with a high footfall in the summer months, close to the railway and bus stations.

LOCATION -

No. 18 lies towards the west end of High Street and close by are Heat ‘n’ Light Centre, Kentucky Fried Chicken and opposite Flippers Fish & Chip Restaurant. It occupies a prime trading position, with a high footfall in the summer months, close to the railway and bus stations.

ACCOMMODATION -

GROUND FLOOR -

CAFE/SALES AREA -

31′ 9” deep x 11′ 8” wide (9.68m x 3.56m) maximum, incorporating staircase; servery counter to the rear; former take-away window to frontage, seating for approximately 30 persons, fluorescent lighting, Mafirol refrigerated display cabinet, ice cream fridge, Instanta beverage machine, Zapper, drinks cooler.

KITCHEN -

8′ 5” x 9′ 9” (2.57m x 2.97m) maximum. with stainless steel 2 1/4 bowl sink unit with water heater(with water softener) stainless steel work surfaces, electric cooker, stainless steel worksurface, 4 pot bain marie, Electroway griddle, Reeds griddle, 2 deep fat fryers with three stainless steel chimney canopies above, 4 industrial microwaves, Polar fridge with salad prep, fridge, new door.

LOBBY -

With washbasin and water heater, to SEPARATE W.C. with toilet.

FIRST FLOOR -

With CCTV. Staircase from rear of Cafe Area to:-

CAFE -

16′ 9” x 12′ 4” (5.08m x 3.76m) plus recess of 4’4” (1.33m) x 7’8” (2.34m), with seating for 24, 2 windows to the front elevation, fluorescent lighting.

REAR FREEZER ROOM -

L-shaped; 9’6” (2.9m) x 7’9” (2.37m) plus recess of 5’5” (1.64m) x 4’6” (1.37m) with 3 fridges, 1 fridge freezer and 3 freezers, extractor, window.

TENURE -

The property is understood to be held under lease until 11.03.2021 at a current rent of £15,224 per annum plus outgoings, subject to 3 yearly rent reviews on a Retail Price Index calculation. The agents await a copy of the Lease and extension to confirm.

SERVICES -

Mains services are understood to be available. The agents have not inspected or tested any of the services or service installations and tenants should make their own enquiries.

INVENTORY -

With established use as a Cafe, a full inventory of equipment is included within the sale.

PRICE -

A bond (£2,500), has been lodged by the current lessee with the landlord and we understand this sum will have to be replaced by the ingoing tenant.

COSTS -

The ingoing tenant will be responsible for the landlord’s reasonable legal costs in the assignment of the lease.

ACCOUNTS -

Information may be made available to bona fide prospective purchasers who have viewed the premises.

BUSINESS RATES -

Enquiry of the VOA website indicates:-
Description – Cafe and premises
Rateable Value – £5,600
Rating Authority – East Lindsey District Council.

VIEWING -

Strictly by appointment with the sole agents, TES Property.

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6-8, Cornmarket, Louth, Lincolnshire LN11 9PY