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The Black Cat, 83 High Street

Guide Price
£270,000

Business rates & charges may apply

Hose Rhodes Dickson, Newport
SIZE

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SECTOR

Restaurant for sale

Floor/Site plan 1
1

Description

LOCATION
Shanklin Old Village is a popular location with tourists and locals alike and offers an abundance of charm and character.

The village has various boutique stores, restaurants, a theatre and popular gardens including Tower Gardens and Shanklin Chine.

Shanklin beach is within a 5-minute walk, Sandown and Yaverland are within a 10-minute drive and Newport and Ryde are within a 15-20-minute drive. Various transport links are also nearby.

DESCRIPTION
Selling due to retirement, the Black Cat is a well established Thai Restaurant in the heart of Shanklin Old Village, operated by the current owners for the last 20 years.

The ground floor provides 56 sq m (610 sq ft) of restaurant space offering circa 50 covers plus commercially equipped kitchen, storage and office space of around 47 sq m (508 sq ft). All kitchen equipment will be included in the sale.

To the side of the property there is access to a small courtyard providing further outdoor storage space or potentially a small seating area.

The first floor offers residential accommodation, comprising 3 double bedrooms, living room, bathroom and an unfitted kitchen. There is a separate entrance from the side of the property allowing this to be separated from the ground floor if desired.

The premises has the benefit of a full license for alcohol sales, the bar is equipped to provide draught beers, various gins, spirits and cocktails which has proved very popular.

The current owners operate Monday-Saturday 6pm-10pm.

SERVICES
The property benefits from mains electricity, gas, water and drainage.

TERMS
Our clients are asking Guide Price £270,000 for the freehold property, fixtures, fittings and goodwill of the business, plus stock at valuation.

OUTGOINGS
The VOA shows a rateable value of £6,800 for the ground floor. Estimated rates payable will be circa £3,390 without any applicable relief. Please direct all queries to the VOA.

The first floor accommodation is rated for Council Tax Band B.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact on or

Brochures

The Black Cat, 83 High Street

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shanklin Station0.5 miles
  • Lake Station1.5 miles
  • Sandown Station2.7 miles

About Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof. The company has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients. Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delivered by highly motivated and trained staff. A sign of this success is the fact that a large proportion of our business is from referrals, satisfied Clients who have recommended us to friends and family. So, if you want professional help and advice on all aspects of moving home please contact us on the above number or call into our office.

Notes

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Disclaimer - Property reference 101276042484. 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 Hose Rhodes Dickson, Newport. 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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