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Restaurant for sale

Esplanade, Lowestoft

Guide Price £250,000

Property Description

Key features

  • Frontage to the Promenade
  • Ice Cream Confectionary Kiosk
  • Terrace
  • Car Park
  • A3 & A5 Use
  • Substantial 3-storey property
  • In need of modernisation

Full description

Valuable frontage to the Promenade, with Ice Cream Confectionary Kiosk and terrace.We offer this substantial three storey property with basement , and return frontage to the Esplanade with car park.The property is well known as a café with fish and chip business. The basement is used for preparation and storage and the upstairs floors for accommodationThe property is being sold as seen. The equipment is not in the ownership of the vendor.Lowestoft and the East Coast Town has enjoyed an exceptional season this year. The property needs modernisation. 


Ground Floor 

Restaurant 
Access from steps from the Promenade and Esplanade through bay doors. Space for 40 - 50 covers (currently 32).

Servery 

Kitchen 

Separate Entrance to Living Accommodation 

Small Prep. Kitchen 

Access to Basement 

Access to floor above 

Basement 
Hall - external access Room 1 Room 2 Storage Areas Customer Toilets for Ladies and Gentlemen

First Floor 
Landing Kitchen Lounge Bedroom Bathroom

Second Floor 
Landing 4 rooms

Outside 
Fronting the promenade beach and sea - terrace with walk in ice-cream kiosk selling confectionary and fancy goods. Front the Esplanade - car park and outbuildings.

Whole Site Area - 0.2 acre or 0.008 km 

Tenure 
Freehold

Council Tax Band 'B' for the flat 

Business Rates 
2010 Rateable value is £11,750. The 2017 Draft Valuation is also £11,750. The amount payable the £ for 2015/16 is 48p for Properties less than £18,000. Small business rate relief - You can get small business rate relief if you only use one property and your property's rateable value is less than £12,000. You would be advised to contact Waveney District Council for information.

Possession 
Vacant possession on completion - buyers must expect equipment and furniture to remain although not part of the sale.

legal Costs 
Both parties will be responsible for their own legal costs.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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