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Commercial Property for sale

High Street, Walton-On-The-Naze

Guide Price £70,000

Property Description

Key features

  • Business Opportunity
  • High Street Location
  • Popular Cafe and Tea Rooms
  • Seaside Location

Full description

Tenure: Leasehold

We are delighted to offer the chance to be the new owner of a busy successful business in the heart of Walton-On-The-Naze. The business trades from the main High Street and offers a large seating area currently divided into two separate running names both sharing a large fully equipped kitchens and well maintained toilets with disabled and baby changing facility. ‘Solo’s’ operates as a family friendly café serving hot meals and ‘4 T'eas’ runs as a 40’s teamed tea rooms serving afternoon tea and sandwiches. ‘4 T'eas’ opens for only 6 months of the in the peak summer season.

We understand from the owner that there are approximately six years left on the lease for their premises with an annual rent of £7,000.

We understand there to be an annual turnover of approximately £80,000 with a nett profit of £9,000.

Agents Note: These figures are for marketing purposes only and have been supplied to the agent as a rough guide. Any interested purchaser should make a formal enquiry through Palmer & Partners Estate Agents to ascertain the factual bookkeeping from the current owners.

Map & Street View

Disclaimer - Property reference PAL4000055. The information displayed about this property comprises a property advertisement. 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 Palmer & Partners, Clacton-On-Sea - Sales. 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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