Property Information
Address:
The Little Coffee House, 8 Brook Street , Selby, North Yorkshire
, YO8 4AR
, North Yorkshire
, United Kingdom
Price: Sale Price: £49,950
Size: 1097 sq ft102 sqm
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH681104
Property Ref/Agent: The Little Coffee House, 8 Brook Street, Selby, North Yorkshire YO8 4AR
*Please use the agent ref when calling the agent directly.
Property description
DESCRIPTION
The Little Coffee House has traded successfully for the last 10 years.
Around 5 years ago, the business was purchased by Tim and Mandy Baldwin who carried out a full refurbishment. The café is very likeable and popular serving the hub of Selby.
Tim and Mandy successfully guided the business through the turbulent waters of Covid leaving it in a strong position. They are now looking to retire, passing on the reins to some new entrepreneurs.
The property benefits from a ground floor café, modern kitchen, storeroom and disabled toilet. To the first floor is an additional café area that has been used to cater for larger groups and functions.
The property has recently been awarded a “5” Food Hygiene Certificate and has a strong “Facebook” following of around 4,000. It has some very good reviews and a 5 stars on “TripAdvisor”.
The landlords have indicated that they would be prepared to enter a new 5 year lease with the purchasers of the business at a rent of £675 pcm (£8,100 per annum).
The business is ideal for a ‘husband and wife’ team.
The business is only open Wednesday – Saturday so there is potential to significantly increase the levels of trade, by opening 6 days a week and offering outside catering. It also has a private function room for special occasions, meetings and events.
Gross Internal Area: 101.93 m2 / 1,097 sq ft.
LOCATION
The property is located to the western side of Brook Street within Selby Town Centre.
Brook Street has seen a good deal of gentrification in recent times, with a number of new housing developments having been constructed.
SERVICES
We understand that mains services of electricity and water are connected to the property.
The property has a gas fired central heating system.
A full list of Inventory is available to seriously interested parties.
TERMS
The business, to include “goodwill” and trade fixtures and fittings is available to purchase for £49,950.
The landlords have indicated that they would be prepared to enter into a new 5 year lease with the purchasers of the business at a rent of £675 pcm / £8,100 per annum.
RATEABLE VALUE
The property has a Rateable Value of £7,200. This should enable the possibility of full Small Business Rates Relief.
PLANNING
The property falls within the jurisdiction of North Yorkshire Council.
We believe that the property benefits from an established use for A3 (café) purposes. Such a use now falls within the new Use Class E.
We believe that permitted opening hours are 8.00 am – 5.30 pm, Monday - Saturday.
ENERGY PERFORMANCE CERTIFICATE
The property has an energy performance rating of C (73). A copy of this is available to view at the agent’s offices.
VIEWINGS
Viewings strictly by way of appointment. Contact Stephensons Estate Agents (Commercial and Development).
COSTS
Each party is to be responsible for their own legal costs incurred in connection to the transaction.
VALUE ADDED TAX
All figures quoted are exclusive of VAT. Where VAT is applicable, it will be charged at the prevailing rate.
DATE PREPARED
August 2023.
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