Description
36 Covers Inside + 24 Outside Rear; Commercial Kitchen; Plenty of Storage, Customer Toilets, Cellarage etc. Large Harbour View Living Room + Two Bedrooms and Bathroom; Terraced Private Garden.
Full On Licence; T/O £144,688 p.a.
Situation and Description – An amazing location close to the town bridge, high profile position with dramatic pedestrian flow. The property is mid terraced, in an historic position but without listing restrictions. There is gas fired central heating and four floors of trade and private accommodation. There is a rear trade area comprising of an open courtyard and covered barn for approx. 24 covers. In addition, steps lead up to a private terraced garden.
The Business: A well established licensed café bar with full on licence run by two proprietors and staff open during daytime and evenings in the summer months and easier daytime only opening in the winter. The business is closed periodically for holidays.
Food and drinks are served with breakfasts, lunches and famous afternoon teas and the business boasts 57 varieties of cider!
In addition to the 100’s of summer visitors a good local trade is enjoyed.
A buyer will be required to obtain a personal licence to continue as a licensed premises.
The business is for sale as the proprietors wish to buy a business closer to their family.
Tenure: The agents are informed that the premises are held under the terms of a 18 year FRI Lease from 2019 paying £21,000 p.a. with monthly payments including property insurance of £1935.
AGENTS NOTE: The current style of trading appears to be well received by a wide range of customers from the breakfast guest to morning coffee, lunch, high tea customers to casual drinkers. However, the high profile position and long lease allows for an adaption of the offering and possibly the remodelling of the style of business – these premises in 2019 were being run as a Spanish style restaurant.
A rare example of a centrally located business with living accommodation.
Price: £69,995 SAV
EPC: C (64)
