Description
Café 123, 123 The Esplanade, Weymouth, Dorset DT4 7EH
LET AGREED
Space for 30 Covers Inside; 18 Outside;
Existing Fittings, Furniture, Equipment available by negotiation
New Lease Available; Including Lower Floor. Close to major coaching, half board holiday hotels – ideal lunch venue, packed lunches etc.
– The café is extremely well located in a high pedestrian flow location on the sea front between major coaching holiday hotels, guest houses, holiday flats and the town centre -ideally positioned for coffee, lunch and tea time trade with outside seating at the front.
The property is arranged over two floors with ground floor café with open plan kitchen; ladies and gents toilets and large store room; the lower floor comprises a large, low ceiling height store room, a second large full height room, kitchenette and bathroom with w.c. Door to outside.
Tenure
The premises are available with a new lease to be arranged by negotiation, but 6, 10 or 15 years have been muted. The rent proposals from the landlords are: Commencing rent of £10,200 p.a. with increases in the 2nd and 3rd year to £11,000 p.a. and £12,000 p.a. and rent reviews each five years of say a 10 year or 15 year lease. The Rateable Value is £13,250 (small business relief may be available) – Rates paid in 2018 were £2,688. No rates will be paid for current year (2020 Budget)
Business Potential
The current tenant has given notice to quit at the end of October and the agents act for the landlord in finding a new tenant. Negotiations for the fixtures, fittings and equipment to be carried out directly with the tenant.
In recent years the business has been run as a traditional British café serving a range of hot and cold drinks, breakfast, sandwiches, snacks, jacket potatoes; light lunches and salads in the summer and Cream Teas.
The agents believe that the location so close to a large numbers of coach holiday guests together with the opportunity to expand the Sunday lunch trade and prepacked sandwiches on coach departure day could bring a substantial turnover.
This business enjoyed two peaks seasons per annum as it is located close to coaching holiday hotels – one in the summer season and one in the turkey and tinsel season in November/December.
EPC: Exempt as the property is Listed Grade II
Viewing: Strictly by appointment with the agents.
