Malt Mill Bank, LE9
- PROPERTY TYPE
Cafe
- SIZE
540 sq ft
50 sq m
Key features
- First floor beauty room
- Comprehensively refurbished in 2021
- Top online reviews and excellent social media following
- Outside seating and rear car parking space
- Air conditioning
Description
The property is located in the village centre of Barwell occupying a prominent main road position on Malt Mill Bank. Malt Mill Bank itself allows easy access to the A47 and A447 main roads, and there is short term car parking in front of the property, together with longer term car parking close by. Nearby occupiers include the Co-Op, Blacksmith pub and a chinese takeaway
Barwell is a village lying approximately 2¾ miles from Hinckley. The A47 provides access to Leicester approximately 10 miles to the north east. There is a limited entry junction of the M69 at Sapcote providing access to junction 21 of the M1 at Leicester.
Description:
FREEHOLD BUSINESS FOR SALE. Established in 2021, Malt Mill Coffee & Bakery is a thriving, fully licensed freehold café and takeaway with 18 indoor covers, a 5-star food hygiene rating, and an excellent reputation. Located in a busy village centre, the business boasts top online reviews: 4.9 Tripadvisor (1.2k followers), 4.8 Google and 98% Facebook (3.2k followers), along with being Great Food Club recommended.
The property includes a ground floor café and kitchen, with a first-floor WC and beauty room. It offers a separate entrance, enabling independent operation of two businesses. Externally there is a seating area and rear parking space.
Currently run on a 4-day part-time basis, the business offers huge potential for extended hours. The first floor could also be converted to extra seating or an apartment, or continue to generate a potential £5,000 p.a. rental income (existing 20+ year therapy business).
Sale due to retirement and financials available on request. A turnkey opportunity with growth potential in a great location.
Services:
We understand mains electricity, water and drainage are connected to the subject property. Heating is by way of electric heating and there is air conditioning to both floors.
Business Rates:
As a result of internet enquiry only, we understand that the Rateable Value for the subject property appearing in the Rating List of the Hinckley & Bosworth Borough Council is:
Rateable Value: £3,550
THIS IS NOT THE AMOUNT PAYABLE. Prospective buyer's should note that the property will qualify for 100% small business rates relief (SBRR) should the purchaser also qualify. (£0 rates payable)
Tenure:
The Freehold interest in the subject property is available, at an asking price of £220,000, subject to vacant possession and to include the business and equipment, fixtures and fittings.
Legal Costs:
Each party to bear their own legal costs.
EPC:
EPC Rating - to be supplied
Brochures
Brochure 1Malt Mill Bank, LE9
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hinckley Station2.5 miles
- Nuneaton Station5.7 miles
Notes
Disclaimer - Property reference 6MaltMillBank. 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 Wards Commercial, Hinckley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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