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Cafe for sale

St. Barnabas Road, Middlesbrough, Cleveland, TS5

Under Offer £65,000
1,001 sq. ft.

Property Description

Commercial information

  • 1,001 sq ft (92 sq m)

Full description

LOCATION
The property is situated on St Barnabus Road at the junction of Brompton Street a predominantly residential area with a few commercial uses nearby. For many years the property has traded as a café and meeting rooms.

DESCRIPTION
The property comprises a two storey end of terrace building of brick construction with ground floor sales and rear kitchen.

The accommodation briefly comprises ground and first floors open plan sales accommodation.

ACCOMMODATION
The accommodation provides the following approximate net internal areas:

Ground floor sales 57.6 m2 (620 sq ft)
First Floor sales 35.4 m² (380 sq ft)
Total 93.0 m2 (1,000 sq ft)
WCs on first

RATING ASSESSMENT
The premises are currently entered into the Valuation List at RV £3,810. The current Uniform Business Rate for 2017/18 is 0.479 pence in the £.

Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.

USE CLASS
The property is currently A1/A3 (Shop) use under the Use Classes Order 1987.

PRICE
Offers for the freehold in excess of £65,000 exclusive invited.

We are seeking "Best and Final" offers to be submitted in writing by email or letter (addressed to Connect Property North East) by no later than 12 noon Monday 30th January 2017.

The Property has not been elected for tax so no VAT is charged on the sale. The sale is all of the building and includes the small plot of open land to the rear.

In your offer please confirm the following:

1. Your full name and address and purchasing name if different

2. You bid price (in pounds sterling)

3. Confirmation that this is a cash purchase or part debt funded purchase

4. Details of any approvals required

5. Confirmation that you have inspected the site and read the marketing particulars.

6. State any conditions upon which the offer may be dependent

7. Provide full contact name, address, telephone and email details for your solicitor.

8. You expect timescale for exchange and completion of contracts.

For the avoidance of doubt, our client will be under no obligation to accept the highest offer, or indeed any offers received.

LEGAL FEES
Each party is to be responsible for their own legal fees incurred with any transaction.

VAT
Any references to price, premium or rent are deemed to be exclusive of Value Added Tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.


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