Retail Property (out of town) for sale

Ludham Bridge, Ludham

620 sq. ft. | £79,950

Property Description

Commercial information

  • 620 sq ft (57 sq m)

Full description

Tenure: Leasehold

LOCATION
The property is prominently positioned with a direct frontage to the A1062 Norwich Road which is immediately adjacent to Ludham Bridge approximately 1 mile west of Ludham Village Centre and 7 miles west of Wroxham in the heart of the Norfolk Broads.

Ludham Bridge is the largest free mooring on the Broads providing 48 separate berths providing significant tourist boat traffic. There is also an established and extremely popular Caravan Club site which provides 111 pitches.

There are numerous footpaths with straight forward routes to How Hill and the famous Bennet Abbey.

There are other adjoining businesses including the Ludham Bridge Stores, The Broads Sky Gallery and A J B Angling.

DESCRIPTION
The property comprises part of the ground floor of the building with communal access leading to a good size cafeteria area providing seating and tables for up to 34 covers. There is a serving counter area, cash desk within this area which links through to the kitchen and stores to the rear. All in good decorative condition.

The kitchen itself is professionally fitted with stainless worktops and large cooking range with extractor system. A full inventory of equipment is available by separate request. There is a rear washing area and stairs then lead downstairs to stores and refrigeration areas.

Externally to the rear of the property there is a fully enclosed garden area with further seating and tables increasing the number of covers by a further 24. To the front and side of the property there is car parking.

ACCOMMODATION
We have measured the property in accordance with the RICS Code of Measuring Practice and the following approximate gross internal floor areas are provided.

Cafeteria 41.49 sq m (447 sq ft)
Kitchen 11.27 sq m (121 sq ft)
Washing Up Area 4.82 sq m (52 sq ft)

Ancillary Stores and Preparation

TERMS
The property currently benefits from a lease for a period commencing 4th January 2012 ending on the 31st December 2020. Approximately 4 years are remaining. The current passing rent is £11,000 per annum. Paid in monthly instalments. A further payment of £800 is paid every year towards to water and the landlords expenses and costs incurred on repairing and maintaining the exterior of the property.

We are informed that the current landlords would be prepared to extend the lease.

The landlord also has a 2 bedroom apartment available above this shop at £550 pcm.

The current business has been in the same ownership for 6 years and during that time the business has grown providing a traditional café to a dedicated tourist and local customer base. The owners run the business with 1 full time member of staff and the business is opened from the holiday season from March to October. The business hours are from 7am to 4pm and there is considerable scope for the expansion of these working hours into the evening trade and for all year trading.

The current business enjoys a healthy turnover and provides good profit. Full information and 3 years accounts are available upon request.

PRICE
The property lease, goodwill and contents is available at a premium price of £79,950

VIEWING
Strictly by appointment with the selling agents BYCROFT COMMERICAL. Tel. 01493 844489.


More information from this agent

Energy Performance Certificate (EPC) graphs

Nearest stations

  • Hoveton & Wroxham (4.4 mi)
  • Acle (4.7 mi)
  • Salhouse (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bycroft, Commercial- Great Yarmouth

14 Regent Street, Great Yarmouth, NR30 1RN

01493 844489 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hoveton & Wroxham (4.4 mi)
  • Acle (4.7 mi)
  • Salhouse (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bycroft, Commercial- Great Yarmouth

14 Regent Street, Great Yarmouth, NR30 1RN

01493 844489 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101177002885. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bycroft, Commercial- Great Yarmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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