LOCATION
Situated on a prominent site on the corner between Sandown High Street and Pier Street is this great commercial property within easy reach of the seafront and Sandown's extensive sandy beaches.
Sandown is a town to the East of the Island and boasts some of the Islands sandiest beaches. There is a promenade that stretches from the bottom of Culver Downs to Shanklin Old Village.
The town of Sandown offers various shopping facilities including Sainsbury’s and Co-op and various boutique stores and eateries. With some recent and current inward investment and developments Sandown is undergoing a regeneration of sorts and provides a lovely location for tourists and locals alike.
DESCRIPTION
Offered for sale is Cafe Aroma, an established cafe business serving a combination of traditional English and flavourful Bangladeshi cuisine.
Entrance from the High Street with inside seating of approximately 30 covers. Kitchen to the rear with stairs down to lower ground floor basement and courtyard.
The business currently opens 10am-3pm, 7 days a week, allowing scope for the new owner to increase trade if desired.
Cafe Aroma is offered with the balance of a 10 year lease granted in 2023. Current rent payable is £10,800 per annum.
TERMS
Our clients are asking £25,000 to include the assignment of the current lease, fixtures, fittings and goodwill of the business plus stock at valuation.
OUTGOINGS
The VOA shows a rateable value of £11,500. Estimated rates payable circa £6,300 without any applicable relief. Please direct all queries to the VOA.
VIEWING
All viewings to be arranged via HRD Commercial.
