Property Information
Address:
Marine Parade, Great Yarmouth
Price: Sale Price: £55,000
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH586311
Property Ref/Agent: 100992001703
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
Great Yarmouth is situated on the East coast of Norfolk, approximately 20 miles east of Norwich and eight miles north of Lowestoft.
The Esplanade is a pedestrianised stretch of the Towns Golden Mile. It is largely characterised by amusement arcades, adventure parks, and caf and restaurant trades.
The premises benefit from a prominent corner position overlooking the beach and adjacent to the Jetty pay & display car park.
DESCRIPTION
A lock up single storey shop unit; the property is of brick construction with a flat roof. There are traditional glazed shop front to both the beach and car park facades, with associated curtilage for outside dining tables.
THE BUSINESS
An established seaside Cafe Business offering 16 indoor covers and a further 48 outdoor. The Business has been operated by the current vendors for approximately 6 years, it has established a strong cliental with a high percentage of repeat custom.
The business benefits from a 5* customer rating on tripadvisor.com
Trading accounts are available to registered applicants
ACCOMMODATION
Floor area totals 419 sq ft (39.0 sq m). Please view the floor plan for room layout and dimensions.
SERVICES
We have not carried out tests of the services or appliances and interested parties should arrange their own tests to ensure these are in working order.
TERMS
The business 'Good Will' is available at an asking price of 55,000.
OUTGOINGS
The premises have the following assessment.
Description: Shop & Premises
Rateable Value: 5,800
Rate in the
for 2017/2018: 46.6p
Applicants may qualify for 100% relief under the governments Small Business initiative
please enquiry for further information.
LEGAL COSTS
Each party is to be responsible for their own costs incurred in the transaction.
OTHER
FIXTURES & FITTINGS
All fixtures, fittings & stock are included within the sale; a full inventory will be available upon request.
TENURE
The property is held on a full repairing & insuring lease, which is to be extended by a period of 7 years. The passing rent will be 7,800 per annum exclusive.
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