Cafe to rent

St. Leonards Road, Bexhill On Sea, East Sussex, TN40

1,272 sq. ft. | £10,000 pa| £833 pcm

Property Description

Commercial information

  • 1,272 sq ft (118 sq m)

Letting information:

Letting type: Commercial

Key features

  • Well located restaurant premises with 52 covers
  • Garden seating area of approximately 285 Sq Ft
  • Basement is full head height and provides additional storage space.
  • The business has been run by the present owner who has created an extremely efficient and profitable business

Full description

DESCRIPTION:
Well located restaurant premises having an anodised aluminium modern shop front and door leading into an open plan restaurant with 52 covers. The kitchen is situated in an open plan hatch style with bar counter in front of it towards the rear of the premises. There is a garden seating area of approximately 285 Square Feet with approximately 6 tables. There is a basement which is full head height and provides additional storage space. The business has been in operation for approximately 10 years and is exceptionally well thought of with local clientele (see further information below).

LOCATION:
The property is situated on the North side of St Leonards Road. It is approximately 500 metres from Bexhill station to the North and the seafront to the South. There are a number of well established local traders in the immediate vicinity of the property.

AREA & MEASUREMENTS:
All measurements quoted NIA (Net Internal Area, RICS Code of Measuring Practice).

Frontage: 4.469m (13.64 Feet)
Main Shop, Kitchen and Seating Area: 80.893 SqM (870 SqFt)
Garden Seating Area: 26.481 SqM (285 SqFt).
Total Basement Area in various divisions: 37.348 SqM (402 SqFt)

USER AND BUSINESS:
The premises are used as a restaurant known as Sadie's and do therefore have A3 use together with Take- Away of A5 under the Town and Country Planning Use Classes Order 1987.

RATEABLE VALUE:
According to information from the Valuation Office Agency:
The premises has a Rateable Value of £8000 PA. Standard Non- Domestic Rating Multiplier 50.3p in the pounds one. Small Business Relief Rate may be applicable. Applicants should make their own enquiries.

RENT:
The current rent under the Lease is £10,000 PA payable Quarterly in advance. These payments are due on the usual quarter days.

EPC:
An EPC is available; please apply to Agents for copy of the certificate.

COSTS:
An ingoing assignee tenant will be responsible for the following costs:
1. Reference Fee (£75 per person or company)
2. Lease assignment costs for Freeholders Solicitor. Estimate to be obtained.
3. Any other costs arising from the transaction.

LEASE AND TERMS:
The lease of the property is for 10 years from February 2007.
The Landlord will be prepared to grant a new lease and will review the rent. Applicants should apply to the Agents for the Terms of the new Lease.

THE BUSINESS:
The business of Sadie's Café has been run by the present owner who has created an extremely efficient and profitable business. Turnover and other figures will be available to bonafide applicants who indicate their ability to proceed to the Agents.

THE PREMIUM:
The premium required for the business and all assets including the name and the contents of the property is £80,000.

VIEWING:
Strictly by appointment through Owners Agents



Nearest stations

  • Bexhill (0.1 mi)
  • Collington (0.8 mi)
  • Cooden Beach (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Maltbys, Chartered Surveyors Bexhill

Shepherds Close Patrixbourne CT4 5HQ

01424 578033 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

Nearest stations

  • Bexhill (0.1 mi)
  • Collington (0.8 mi)
  • Cooden Beach (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Maltbys, Chartered Surveyors Bexhill

Shepherds Close Patrixbourne CT4 5HQ

01424 578033 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 - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 31stleonardsrd. 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 Maltbys, Chartered Surveyors Bexhill .

Please refer to our Renting Guides for further information on how to safely rent a property.

Map data ©OpenStreetMap contributors.