Property Information
Address:
Marine Parade, Great Yarmouth
Price: Sale Price: £120,000
Size: SOA
Primary Category: Leisure
All Categories:
Leisure,
Property Ref/Movehut: MH521070
Property Ref/Agent: 100992001409
*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.
Marine Parade is a semi-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 position overlooking the golden mile and on the approach to the beach and Jetty pay & display car park.
DESCRIPTION
An established Caf/Takeaway Business offering 36 outdoor covers. The Business has been operating for over 20 years, it has established a strong reputation from a prominent pitch with business targeted towards the summer tourist trade.
Trading information is available to registered applicants.
ACCOMMODATION
A lock up single storey shop unit; the property is of brick construction with a flat roof. There roller shuttered kiosk windows to the south and west facades, with associated curtilage for outside dining tables.
Floor area totals 456 sq ft (42.4 sq m)
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 120,000.
OUTGOINGS
We were unable to identify the property on the Valuation Office Agency website. However, we understand the property qualifies for 100% relief under the governments Small Business initiative.
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 3 year full repairing & insuring lease which commenced on the 18th August 2015. The passing rent is 9,000 per annum exclusive.
The lease benefits from the security of tenure provisions of the Landlord & Tenant Act 1954.
;