2 Hungate, Beccles, Suffolk, NR34
£180,000
£87.21 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,064 sq ft
192 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes and A4 Drinking Establishments
A1, A3, A4
Key features
- Beautiful restaurant
- Delicatessen
- Profitable business
- Central location
Description
LOCATION
Beccles is a vibrant and expanding market town with a population of almost 14,000 residents.
The town centre boasts weekly markets, three butchers, green grocers, and a host of independent shops with huge demand from retailers for any vacant spaces that ever becomes available. There are two supermarkets and various well known national outlets.
The town offers a regular bus service to Norwich, Lowestoft and Great Yarmouth and a direct train connection to Lowestoft and London Liverpool Street Station via Ipswich.
DESCRIPTION
Located in the heart of the town, Baileys has been a centre of Beccles life for many years. The business consists of five main elements; Delicatessen, Take Away, Coffee Shop, Upstairs Restaurant and outside catering.
The delicatessen offers a large selection of English and Continental meats, cheeses, takeaway foods and home made cakes and savouries as well as dry goods on the shelves with a large olive bar, and wine section. The coffee shop to the rear serves freshly prepared baguettes, light lunches and snacks from the deli counter.
This well presented and popular delicatessen and restaurant was established for almost 22 years and continues to be a thriving business that enjoys a strong reputation regionally and nationally.
INTERNAL DETAILS
The Shop:
The shop stocks a vast range of local, international and Spanish delicacies in the large highly visual retail chiller cabinet and also along the attractive and accessible shelves on the walls. The main entrance offers plenty of natural light from the large glazed windows at the front of the shop, which also has seating areas for coffee and light snacks.
To the rear of the shop there is additional seating for 20 people and access to the kitchen and office beyond. Leading on from the rear of the shop is a wide staircase providing access to the to the restaurant on the 1st floor.
The Restaurant:
The restaurant is open plan and spacious with a timbered vaulted ceiling. This area offers a wonderfully personal and individual dining experience in this tastefully decorated room for 40 covers.
LICENCE
The property has a Premises Licence granted by the relevant local authority. It is a requirement of the Licencing Act 2003 that properties retailing alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take the appropriate specialist advice.
FIRE RISK ASSESSMENT
We have assumed that a suitable and sufficient Fire Risk Assessment has been carried out. Under the Regulatory Reform (Fire Safety) Order 2005 this assessment needs to be recorded in writing where there are five or more employees, the property is under enactment of a licence or where an alteration notice has been served.
SERVICES
Mains water, electricity, gas and drainage are available. None of the services, including heating, plumbing or electrical systems (nor appliances) have been tested by the Selling Agents.
LOCAL AUTHORITY
East Suffolk District Council, Marina, Lowestoft, NR32 1HH Tel
Rateable Value - £12,500 (eligible for some Small Business Rates Relief)
EPC
EPC Energy Performance Certificate is Band B (33)
BUSINESS
This well presented and popular delicatessen and restaurant was established 22 years ago.
The business currently opens 6 days a week, as a delicatessen and a restaurant serving breakfasts and lunches, in addition to private parties and weddings. The restaurant also offers great scope for opening more hours during the evening if desired.
TRADING INFORMATION
Detailed accounts will be made available once a formal viewing has taken place.
PRICE
Offers are invited in the region of £180,000 for the lease and business. (All fixtures and fittings are included, however the stock is excluded and will be valued at the time of sale)
The lease for the business is for 25 years, from 1st February 2013, the reviews are every 5 years with fixed uplifts in rent, currently £18,500pa.
LEGAL COSTS
Both parties are to pay their own legal costs incurred in this transaction.
STAFF
The business is operated by approximately 10 staff, with the husband and wife couple overseeing operations.
Beccles is a vibrant and expanding market town with a population of almost 14,000 residents.
The town centre boasts weekly markets, three butchers, green grocers, and a host of independent shops with huge demand from retailers for any vacant spaces that ever becomes available. There are two supermarkets and various well known national outlets.
The town offers a regular bus service to Norwich, Lowestoft and Great Yarmouth and a direct train connection to Lowestoft and London Liverpool Street Station via Ipswich.
DESCRIPTION
Located in the heart of the town, Baileys has been a centre of Beccles life for many years. The business consists of five main elements; Delicatessen, Take Away, Coffee Shop, Upstairs Restaurant and outside catering.
The delicatessen offers a large selection of English and Continental meats, cheeses, takeaway foods and home made cakes and savouries as well as dry goods on the shelves with a large olive bar, and wine section. The coffee shop to the rear serves freshly prepared baguettes, light lunches and snacks from the deli counter.
This well presented and popular delicatessen and restaurant was established for almost 22 years and continues to be a thriving business that enjoys a strong reputation regionally and nationally.
INTERNAL DETAILS
The Shop:
The shop stocks a vast range of local, international and Spanish delicacies in the large highly visual retail chiller cabinet and also along the attractive and accessible shelves on the walls. The main entrance offers plenty of natural light from the large glazed windows at the front of the shop, which also has seating areas for coffee and light snacks.
To the rear of the shop there is additional seating for 20 people and access to the kitchen and office beyond. Leading on from the rear of the shop is a wide staircase providing access to the to the restaurant on the 1st floor.
The Restaurant:
The restaurant is open plan and spacious with a timbered vaulted ceiling. This area offers a wonderfully personal and individual dining experience in this tastefully decorated room for 40 covers.
LICENCE
The property has a Premises Licence granted by the relevant local authority. It is a requirement of the Licencing Act 2003 that properties retailing alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take the appropriate specialist advice.
FIRE RISK ASSESSMENT
We have assumed that a suitable and sufficient Fire Risk Assessment has been carried out. Under the Regulatory Reform (Fire Safety) Order 2005 this assessment needs to be recorded in writing where there are five or more employees, the property is under enactment of a licence or where an alteration notice has been served.
SERVICES
Mains water, electricity, gas and drainage are available. None of the services, including heating, plumbing or electrical systems (nor appliances) have been tested by the Selling Agents.
LOCAL AUTHORITY
East Suffolk District Council, Marina, Lowestoft, NR32 1HH Tel
Rateable Value - £12,500 (eligible for some Small Business Rates Relief)
EPC
EPC Energy Performance Certificate is Band B (33)
BUSINESS
This well presented and popular delicatessen and restaurant was established 22 years ago.
The business currently opens 6 days a week, as a delicatessen and a restaurant serving breakfasts and lunches, in addition to private parties and weddings. The restaurant also offers great scope for opening more hours during the evening if desired.
TRADING INFORMATION
Detailed accounts will be made available once a formal viewing has taken place.
PRICE
Offers are invited in the region of £180,000 for the lease and business. (All fixtures and fittings are included, however the stock is excluded and will be valued at the time of sale)
The lease for the business is for 25 years, from 1st February 2013, the reviews are every 5 years with fixed uplifts in rent, currently £18,500pa.
LEGAL COSTS
Both parties are to pay their own legal costs incurred in this transaction.
STAFF
The business is operated by approximately 10 staff, with the husband and wife couple overseeing operations.
2 Hungate, Beccles, Suffolk, NR34
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Beccles Station0.3 miles
- Brampton Station4.3 miles
- Somerleyton Station5.3 miles
Notes
These notes are private, only you can see them.
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