confidentially available established coffee shop/café business for sale ...
CONFIDENTIALLY AVAILABLE ESTABLISHED COFFEE SHOP/CAFÉ BUSINESS FOR SALE 4A NOLTON STREET BRIDGEND CF31 1DU
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Established Town Centre Café available For Sale as a Going Concern.
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Substantial and well-presented premises made available with a range of good quality fixtures and fittings and professional catering equipment.
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The property is held Leasehold Tenure under terms of a 20 year lease from the 30th July 2010 at a current rental of £21,000 per annum exclusive. Premium for the Business £59,950.
www.wattsandmorgan.co.uk COMMERCIAL
1 Nolton Street, Bridgend, Wales, CF31 1BX Tel: (01656) 644293 Fax: (01656) 768279
BUSINESS FOR SALE 4A NOLTON STREET, BRIDGEND CF31 1DU
Email: [email protected]
LOCATION The property occupies a prominent location fronting Nolton Street within Bridgend Town Centre lying close to Caroline Street, one of Bridgend’s prime retail pitches and Court Road Bridgend’s premier office address.
RENTAL The property is available Leasehold Tenure either by way of Lease Assignment or the granting of a new SubLease with the property being held under terms of a 20 year FRI Lease from 30th July 2010 a current rental of £21,000 per annum exclusive.
Bridgend is the administrative and retailing centre of Bridgend County with the town attracting the usual high street banks and a number of multiple retailers.
The Lease contains 5 yearly upward only rent reviews and a tenant only break clause exercisable at the end of the 10th anniversary of the term.
DESCRIPTION The property briefly comprises a substantial ground floor shop and premises well fitted out for its current use as a café/coffee shop and premises.
PREMIUM An asking premium of £59,950 is sought for the trade fixtures and fittings, catering equipment and the business as a Going Concern.
The property is currently configured so as to provide for an attractive open plan coffee shop and counter area providing for approximately 65 covers and to the rear a very well fitted out professional kitchen, separate male and female W/Cs and storage/ kitchen prep. area.
BUSINESS RATES The valuation office website advises a rateable value of £14,750 so rates payable 2014/2015 of £6,932.50 per annum.
The café business T/A “Talk of the Town” was established in July 2010 and the business is for sale Leasehold Tenure fully fitted out with a range of high quality fixtures and fittings and professional catering/kitchen equipment. The current business trades 6 days a week Monday through Friday from 8.30am until 4.30 pm and Saturdays from 8.30am until 5.30pm. ACCOMODATION The property briefly provides the following accommodation:Retail/Restaurant Area – 121.4 sq m (1306 sq ft)
LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction. VAT All figures quoted are exclusive of VAT if applicable. VIEWING Viewing by appointment through sole letting agents:
Messrs Watts & Morgan Tel: 01656 644288 E-mail: [email protected] Please ask for Dyfed Miles or Lauren Najjar
Professional Kitchen – 18.6 sq m (200 sq ft) Storage/Prep Area – 51.2 sq m (551 sq ft) Separate Male & Female WCs
Watts & Morgan is a trading name of Watts & Morgan LLP. Registered in Wales Partnership No. 0C306058 Registered Office 1 Nolton Street, Bridgend, Wales, UK, CF31 1BX Watts & Morgan LLP for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract; (ii) no person in the employment of Messer. Watts & Morgan has any authority to make or give any representation or warranty whatsoever in relation to this property.
•
Established Town Centre Café available For Sale as a Going Concern.
•
Substantial and well-presented premises made available with a range of good quality fixtures and fittings and professional catering equipment.
•
The property is held Leasehold Tenure under terms of a 20 year lease from the 30th July 2010 at a current rental of £21,000 per annum exclusive. Premium for the Business £59,950.
www.wattsandmorgan.co.uk COMMERCIAL
1 Nolton Street, Bridgend, Wales, CF31 1BX Tel: (01656) 644293 Fax: (01656) 768279
BUSINESS FOR SALE 4A NOLTON STREET, BRIDGEND CF31 1DU
Email: [email protected]
LOCATION The property occupies a prominent location fronting Nolton Street within Bridgend Town Centre lying close to Caroline Street, one of Bridgend’s prime retail pitches and Court Road Bridgend’s premier office address.
RENTAL The property is available Leasehold Tenure either by way of Lease Assignment or the granting of a new SubLease with the property being held under terms of a 20 year FRI Lease from 30th July 2010 a current rental of £21,000 per annum exclusive.
Bridgend is the administrative and retailing centre of Bridgend County with the town attracting the usual high street banks and a number of multiple retailers.
The Lease contains 5 yearly upward only rent reviews and a tenant only break clause exercisable at the end of the 10th anniversary of the term.
DESCRIPTION The property briefly comprises a substantial ground floor shop and premises well fitted out for its current use as a café/coffee shop and premises.
PREMIUM An asking premium of £59,950 is sought for the trade fixtures and fittings, catering equipment and the business as a Going Concern.
The property is currently configured so as to provide for an attractive open plan coffee shop and counter area providing for approximately 65 covers and to the rear a very well fitted out professional kitchen, separate male and female W/Cs and storage/ kitchen prep. area.
BUSINESS RATES The valuation office website advises a rateable value of £14,750 so rates payable 2014/2015 of £6,932.50 per annum.
The café business T/A “Talk of the Town” was established in July 2010 and the business is for sale Leasehold Tenure fully fitted out with a range of high quality fixtures and fittings and professional catering/kitchen equipment. The current business trades 6 days a week Monday through Friday from 8.30am until 4.30 pm and Saturdays from 8.30am until 5.30pm. ACCOMODATION The property briefly provides the following accommodation:Retail/Restaurant Area – 121.4 sq m (1306 sq ft)
LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction. VAT All figures quoted are exclusive of VAT if applicable. VIEWING Viewing by appointment through sole letting agents:
Messrs Watts & Morgan Tel: 01656 644288 E-mail: [email protected] Please ask for Dyfed Miles or Lauren Najjar
Professional Kitchen – 18.6 sq m (200 sq ft) Storage/Prep Area – 51.2 sq m (551 sq ft) Separate Male & Female WCs
Watts & Morgan is a trading name of Watts & Morgan LLP. Registered in Wales Partnership No. 0C306058 Registered Office 1 Nolton Street, Bridgend, Wales, UK, CF31 1BX Watts & Morgan LLP for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract; (ii) no person in the employment of Messer. Watts & Morgan has any authority to make or give any representation or warranty whatsoever in relation to this property.
