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Restaurant for sale

The Parade, Minehead

Withdrawn from Market £65,000

Property Description

Key features

  • Profitable, fully equipped cafe/restaurant in prime position
  • Excellent Town centre position in highly visible location
  • Substantial turnover, details available on request
  • Good mix of local and tourist customers
  • Ready to Trade
  • Plenty of scope for business development
  • New 25 Year Lease
  • Covers for 40 Inside and 20 Outside

Full description

Fully equipped Cafe Restaurant located in a prime position within Minehead's main shopping area.The property comprises some 107.61 sq meters of space providing covers for 40 internally and 20 externally.The property is available with the benefit of a new 25 year Full repairing and insuring lease, subject to 5 yearly upward only rent reviews.The commencing rent to be £22,000 pa exclusive of VAT. Rateable value £23,750with Rates payable of £10,600 pa. A premium of 65000 is required for fixtures and fittings and goodwill of the business.Current turnover figures are available on request.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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