Asking Price Of £75,000
Tower Point Diner, Unit 9 Tower Point, Sea Lane, Ingoldmells, Lincolnshire, PE25 1PG Offered for sale is the leasehold business including full frying range and fixtures and fittings with fully operational diner with extraction. The space occupies the ground floor of unit 9, with 3432 Sq FT of space including ancillary space for storage and rear fire escape access. The unit occupies part of the Tower Point leisure complex directly opposite Fantasy Island in Ingoldmells, between Skegness and Mablethorpe and approximately half a mile from the main entrance to Butlins holiday park.
The business is offered for sale at £75,000 premium and £25,000 per annum rent.
Location Ingoldmells is located just off the coastal road North of the popular seaside town of Skegness, accessed from the main Wainfl eet road (A52) from Boston in the South (22 miles). Situated in the East Lindsey district of Lincolnshire approximately 43 miles (6 9 km) east of Lincoln. It has a population of 24876 (2011 census) and is host to the first Butlin's holiday resort opened in Skegness in 19 36. The Tower point leisure complex is located between Skegness and Mablethorpe, directly opposite Fantasy Island on the same road as Butlins. Tower Point Diner is located just 5 minute walk to the beach and offers excellent access to all the local caravan pa rks and other leisure opportunities in the area. Property Description Tower Point was built by our clients approximately 14 years ago, and offers a full range of leisure and retail operators including 2 bars, caravan sales and a McColls convenience store. Tower point diner occupies part of the ground floor demise and offers approximately 3432 square feet of space, good rectangular layout with the counter and range to the rear of the shop front, and tables and chairs to the front, with large roller shutte r security door and full length opening windows. Accommodation The accommodation is set out over the ground floor only with rear storage, and delivery/emergency access to the rear. Fully equipped to trade, with a large range for frying and kitchen/wash up area. Serving station and a range of free standing tables and chairs. Services All mains services are connected to the property, these services haven't been tested by the agent. Terms Offered for let on a new 10 year lease with a £75,000 premium and initial rental of £25,000 per annum plus vat.
Rates The current rateable value is £32,250 per annum. Interested parties are advised to contact the relevant local authority for more information. VAT Vat will be applicable on the rent, landlords insurance, Service charge and Management fees at the current prevailing rate of 20%. Legal Costs Both Parties will be responsible for their own legal costs. Moores Commercial would be delighted to get quotes from our recommended panel of solicitors for any interested parties. Please request more details via the office. Viewing Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email
[email protected] Parking The site has some tenants parking to the rear on a first come first served basis. Other Finance may be available through Independent Financial Brokers and Moores Commercial would be please to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated b y the Financial Authorities. Please ask for further details.
Contact Details 36 Hi gh Street Oakha m Rutland LE15 6AL www.moorescommercial.com %epcGraph_c_2_210%
Email: offi ce@moores commercial.com Tel: 01664 431330
Importan t; we would l ike to inform p rospectiv e purchas ers that th ese sales particulars hav e been prepared as a gen eral guid e only. A det ail ed surv ey has not b een c arri ed out, no r t he serv ices, applianc es and fittings t ested . Room sizes should not be rel ied upon for furnishing purpos es and are approximat e. If floor plans are includ ed, th ey are for guid ance only and illustrat ion pu rposes only and may not b e to scal e. If there are any import ant matt ers lik ely to affect your d ecision to buy, pl ease contact us b efore vi ewing th e prop erty .