Shooters Hill, Cowes, PO31 7BE

Restaurant/Cafe for sale

£45,000


LOCATION
Situated in Cowes, this fantastic opportunity is located on Shooters Hill and benefits from a high level of footfall and passing trade. Neighbouring businesses include Sainsburys, Staples & Green and Corries Cabin with Coast being very close by.
DESCRIPTION
The unit offers approximately 32 sq m (344 sq ft) of trading café space including the kitchen area and caters for approximately 22 covers but offers the flexibility of further seating to the walls with its fixed benches, plus a breakfast bar to the window. There is also an annual license granted from the IWC for outside seating for 3 tables of 2 to the front of the property.

There is a store room to the rear and staff WC. The unit also benefits from a side entrance to the rear of the property allowing for deliveries and bin access without disturbing the day to day workings of the café.

Entrance to the café from Shooters Hill with serving bar, seating and two large display windows to the front. The kitchen offers a range of commercial catering equipment including extraction.

The vendors have advised they have invested in the business by way of purchasing new equipment including a coffee machine, urn, grill, bain marie, a full inventory can be provided.

The property is offered on the remainder of a 10 year lease from August 2018 at an annual rent of £11,000 pa.
SERVICES
The property is supplied with electric, water and drainage.
TERMS
Our client is asking for offers in the region of £45,000 for the business, fixtures, fittings, goodwill plus stock at valuation.
OUTGOINGS
The current rateable value is shown as £8,300, using the current UBR the rates payable will be approximately £4,200 per annum, not including any applicable rates relief. Please contact the local rating department at the IOW Council for eligibility.
VIEWING
All viewings to be arranged via HRD Commercial - 01983 527727.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk