Restaurant to rent

Restaurant, Marine Parade, Great Yarmouth

£2,500 pcm

Property Description

Key features

  • Fully Furnished and Equipped
  • Up and Running
  • Profitable
  • Family Run for two generations - Change in direction brings the business to the Market

Full description


TO LET
First Class Restaurant Business situated on Great Yarmouth’sGolden Mile.Subject to the payment of a Premium

The property has a frontage and forecourt to Marine Paradewith approximately 32 covers outsideRestaurant – overall area about 178.38 square meters withcounter servery many fixed tables and seating for about 128 customersThe Servery incorporates a 3 pan deep fryer with grill by Florigo, service area with display fridges, salad bar, hot drinks dispensers includingcoffee maker, fridges and freezers. A full list of the equipment included isavailable during the negotiation period but basically as seen.


Lease Terms 
Asking Rent £30,000 - Premium by negotiation to include all equipment.

Accommodation 

Ladies Gentleman's and Disabled toilets ? modern fit 

Kitchen and Prep Room  

Stores prep and wash up  

Walk in chiller and freezer  

Stairs to store 

Rear Access 

The Business 
The business is both Snack Bar and Restaurant. Whilst the summer season is the busiest time, the business is open for limited days throughout the winter. The business was totally refurbished and re fitted about 5 years ago and presents well. Copies of accounts are available to prospective purchasers in the negotiation period.

Business Rates 
2017 Rateable Value is £17,250. The amount payable in the £ for 2018/19 is 48p. Contact Great Yarmouth Borough Council Business Rates Department for any discounts that may be available on 01493 856100.

Lease 
The owners recognise a longer term lease will be required by the new owner and suggests a 10 year period with 5 year rent reviews. The new owners will be responsible for the internal repair of the building and pay the rates and costs of services - gas - electricity - water - telephone and Wi-Fi.

Equipment 
The new owners will purchase all the equipment.

Use 
The use of the building will be its current use.

Commentary 
This is a genuine business offered on the open market for the first time in 50 years.

Premium 
Open to offers.

Great Yarmouth Tourism 
Great Yarmouth has been a seaside resort since the early 1700s and is proud to be one of the UK's top ten seaside resorts today. Tourism is big business locally, worth £599million per annum to the area. 34% of all jobs in the area are tourism related. A five-year Business Improvement District focusing on tourism was implemented in 2014 by the Greater Yarmouth Tourism and Business Improvement Area Ltd. There's no-where quite like Regent Road, a lively, wide, pedestrianised avenue leading all the way from seafront to town centre, lit in the evening by a stunning ceiling of light. When you reach the town centre, Regent Road becomes Regent Street and goes all the way to the quay past more shops and cafés. Marine Parade is the vibrant focal point of Great Yarmouth's seafront packed with amusements, attractions, adventure golf, pubs, restaurants and a stunning view over the beach out to sea. The famous Great Yarmouth Yearly Maritime Festival is a fantastic...

Tenure 
Leasehold

Viewings 
Via appointment only by Aldreds.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Great Yarmouth (1.0 mi)
  • Berney Arms (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Aldreds, Great Yarmouth - Commercial

17 Hall Quay, Great Yarmouth, NR30 1HJ

01493 493209 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

  • Great Yarmouth (1.0 mi)
  • Berney Arms (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Aldreds, Great Yarmouth - Commercial

17 Hall Quay, Great Yarmouth, NR30 1HJ

01493 493209 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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Property reference 8972630. 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 Aldreds, Great Yarmouth - Commercial.

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