Get brand editions for Richard Watkinson & Partners, Newark - Sales

2 bedroom commercial property for sale

The Wharf, Newark

£299,950

Property Description

Key features

  • Thriving Riverside Cafe and Bar
  • Prime Location & Views
  • Bar and 40 Covers
  • Contemporary Open Plan Living Accommodation
  • Substantial Turnover
  • Freehold Property
  • Retirement Sale

Full description

* Thriving Riverside Cafe and Bar * Prime Location & Views * Bar and 40 Covers * Contemporary Open Plan Living Accommodation * Substantial Turnover * Freehold Property * Retirement Sale

* Thriving Riverside Cafe and Bar
* Prime Location & Views
* Bar and 40 Covers
* Contemporary Open Plan Living Accommodation
* Substantial Turnover
* Freehold Property
* Retirement Sale

A thriving riverside cafe and licensed premises situated on the town wharf and the very popular riverside area. The business established now for just over two years has experienced rapid growth based on quality food and wines appealing to an established local market and tourist trade. The cafe area provides folding doors and river views. There is studio accommodation which has been expanded. The first floor provides a luxurious open plan owners apartment comprising a sitting room 'loft', bedroom, kitchen and garden terrace.

The business has expanded during 2018 to include a daytime menu served from 10am - 3pm and a new evening menu which commenced in October on Fridays and Saturdays from 6pm. This is likely to substantially increase the turnover from the year ending 2017 which was in excess of £90,000.

The property provides the following accommodation:

Ground Floor -

Cafe Area - 10.82m x 3.66m + 7.75m x 5.16m maximum (35'6" x 12 - With folding doors and windows providing a pleasant aspect of the wharf, Trent bridge and riverside. Central heating radiators. Recently extended accommodation providing 40 covers approximately.

Total area: 34.719 sq.m.



Office - 3.51m x 3.35m (11'6" x 11') - Average measurements.

Store Room - 2.31m x 2.08m (7'7" x 6'10") - With partition wall to the cafe area.

Lobby/Wc - With basin and radiator.

Wet Room - With fully tiled walls and rain shower.

Boiler Room - 4.09m x 1.96m (13'5" x 6'5") - With recently installed gas fired central heating boiler.

First Floor - A wide and easy staircase leads to a first floor landing.

Sitting Room 'Loft' - 10.06m x 8.69m (33' x 28'6") - Overall measurements reducing to approximately 19ft in width. Suspended ceiling, five radiators, views of the river to the front and bi-folding doors to the garden terrace.



Kitchen - 3.23m x 2.97m (10'7" x 9'9") - Average measurements. With base units, wall cupboards, working surfaces incorporating a stainless steel sink unit. Radiator.

Bedroom - 4.11m x 2.87m (13'6" x 9'5") - With views of the Trent side. Radiator.

Cloakroom - With low suite wc and basin.

Garden Terrace - With decking area and surrounds.

Services - Mains water, electricity, gas and drainage are all connected to the property.

Tenure - The property is freehold.

Rateable Value - The current rateable value is £4,550 subject to review.

Small Business Rate Relief - Currently applies.

Vat - The property is currently registered for VAT purposes. VAT will be added to the purchase price of the property.

Possession - Vacant possession will be given on completion.

Business Goodwill - Business goodwill fixtures and fittings may be included subject to negotiation. Stock in trade will be at valuation.

Viewing - Strictly by appointment with the selling agents.


More information from this agent

Nearest stations

  • Newark Castle (0.2 mi)
  • Newark North Gate (0.5 mi)
  • Rolleston (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Richard Watkinson & Partners, Newark - Sales

35 Kirk Gate, Newark, Nottinghamshire, NG24 1AD

01636 377011 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:

Richard Watkinson & Partners, Newark - Sales

35 Kirk Gate, Newark, Nottinghamshire, NG24 1AD

01636 377011 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

  • Newark Castle (0.2 mi)
  • Newark North Gate (0.5 mi)
  • Rolleston (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Richard Watkinson & Partners, Newark - Sales

35 Kirk Gate, Newark, Nottinghamshire, NG24 1AD

01636 377011 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.

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