Commercial Property for sale

Staithe Street, Wells-next-the-Sea

1,726 sq. ft. | £75,000

Property Description

Commercial information

  • 1,726 sq ft (160 sq m)

Full description

Tenure: Leasehold

DESCRIPTION
A long established and successful coffee & gift shop business, in a Grade II Listed building, in the centre of the part pedestrianised retail thoroughfare, leading down to The Quay. The business is being offered on a fully inclusive basis, with all fixtures, fittings, equipment, goodwill and trade stock included in the sale price, on the retirement of the owners.

ACCOMMODATION
The Coffee Shop:
Glazed double entrance doors to;
Servery: 257 sq ft (23.8 sq m)
Counter and preparation area, all fully equipped with EPoS till, chiller cabinets, fridges, hot drinks machines, freezer, dishwasher, microwave and stainless steel fittings with double sink. Opening to;
Seating Area (30 Covers): 349 sq ft (32.4 sq m)
Glazed double entrance doors, solid timber tables & chairs, stripped pine floor and cupboard housing "music centre". Door to;
Lobby & W.C:

The Gift Shop:
A covered seating area (24'3" x 5'6") shelters the glazed double entrance doors to the frontage.
Main Retail Area: 487 sq ft (45.2 sq m)
Stripped pine floor, marble fireplace with electric "stove", display units & shelving and counter. Opening to;
Central Retail Area: 99 sq ft (9.2 sq m)
Tiled floor, display units and access to storage area/staff W.C. Opening to;
Rear Retail Area: 248 sq ft (23 sq m)
Tiled floor, display units and access to storage recess with door & stairs to disused cellar. Door to;
Ancillary Areas:
Storage Areas/Office: 286 sq ft (26.5 sq m)

Total: 1,726 sq ft (160.3 sq m)

Outside:
To the front (south) of the building is an extensive paved/gravelled seating area, with 10 picnic tables (40 covers), a lawn enclosed by flower & shrub borders, and path leading to a communal parking area, with 2 spaces dedicated to Mermaid´s Purse.

SERVICES
Mains electricity, water & drainage are connected to the property. There is electric heating to parts and an air conditioning unit to the coffee shop.

TERMS
Tenure: Leasehold
The premises are held under a Supplemental Lease, expiring on 20th January 2020, at a current rent of £25,000 per annum.

The Business:
The premium of £75,000 is in respect of all fixtures, fittings, trade stock and goodwill (some personal effects excluded). A copy of 2 years accounts (year ending 31/03/2015) is available, subject to prior signing of a Non-Disclosure Agreement.

OUTGOINGS
District Council: North Norfolk (01263 513811)

Rateable Value: The premises are assessed for business rates as follows:
Unit 2 (The Coffee Shop): Rateable Value £7,400 with effect from 01/04/2017.
Unit 3 (The Gift Shop): Rateable Value £11,000 with effect from 01/04/2017.

PARKING NOTES
There is a communal parking area, with 2 spaces dedicated to Mermaid´s Purse.

VIEWING
By appointment through the Sole Agents
Spalding & Co.
Office opening hours:
Monday-Friday: 9am-5pm
Saturday: 9:30am-12:30pm
Email—property@spaldingandco.co.uk


Nearest station

  • Sheringham (14.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Spalding & Co, Fakenham

15 Oak Street, Fakenham, NR21 9DX

01328 618027 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.

Floorplans


To view this property or request more details, contact:

Spalding & Co, Fakenham

15 Oak Street, Fakenham, NR21 9DX

01328 618027 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 station

  • Sheringham (14.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Spalding & Co, Fakenham

15 Oak Street, Fakenham, NR21 9DX

01328 618027 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 101285001030. 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 Spalding & Co, Fakenham . 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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