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Cafe for sale

Foster Street, Stourbridge


Property Description

Full description

Fantastic chance to acquire a recently refurbished town centre cafe. This is a turn key business opportunity to include all fixtures and fittings and which has significant scope for even further enhancement.

Ground Floor: seating and serving area for 35-40 covers | toilet facilities | kitchen | First Floor: three rooms | kitchen area | toilet facilities

Occupying a prominent corner position these generous town centre premises provide over 1800 square feet of floor space arranged over two floors partially fronting onto St Johns Road, which forms part of the Stourbridge ring road and carries a significant amount of passing traffic twenty four hours a day, seven days a week.

The ground floor trading area is currently configured to deal with 35 to 40 covers and benefits from a substantial glazed frontage which is conveniently position alongside the pedestrian underpass leading from the town centre to the main bus station and Stourbridge Town train station.

The first floor accommodation is currently in need of refurbishment and can be accessed either from the ground floor or via its own independent entrance. This arrangement provides an interesting opportunity to further extend the existing business offering, provide owners accommodation or even sublet as commercial office space.

About Stourbridge:
Situated in the West Midlands, Stourbridge is approximately 13 miles west of Birmingham and borders onto green belt land with easy access to the M5 motorway and a direct train link to Birmingham and London. Stourbridge has a population of over 60,000 and the town centre is compact and easily accessible offering a pleasant shopping environment in the High Street as well as the Ryemarket and Crown Centre shopping precincts with regular craft and farmer's markets also held in the town centre. Stourbridge is a Fairtrade town and is home to many independent specialist shops, cafes and pubs as well as national retailers such as Waitrose, Tesco, Aldi, Boots and WH Smith.

Local Authority:

£22,000 per annum with new 5/10 year lease - the top floor could generate £8000 per annum if sublet

Rateable Value:
£16,000 per annum. This is not the amount you would pay and is used to calculate your rates bill. Business Rate Relief may be available

Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.


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