THRIVING & WELL ESTABLISHED CAFE BUSINESS FOR SALE BY ASSIGNMENT OF THE LEASE. A Town Centre 50-60 Seater Café Business For sale as a going concern. All year round trading Takeaway facility Well equipped. Excellent Location For Sale due to other committments EPC Rating D
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.
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 refridgerated 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.
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.
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.
Mains electricity, water (with mains softener) and foul sewerage services are connected. No mains gas to the unit.
Strictly by prior arrangement through Turner Evans Stevens Skegness office, with 24 hours notice being appreciated.
With established use as a Cafe, a full inventory of equipment is included within the sale.
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.
The usual two trade references and a bank reference are required.
The ingoing tenant will be responsible for the landlords reasonable legal costs in the assignment of the lease
Information may be made available to bona fide prospective purchasers who have veiwed the premises.
Rateable Value:- £7,300
Business Rates Payable 2016/2017:- £3,533.20 (£765.53 with small business rate relief)
As verbally advised by East Lindsey District Council 15.02.2017
We are advised From April 2017 the Rateable Value will be £5,900 with Business Rates Payable 2017/2018 approx. £2,750. Small Business Rate relief will be applicable.