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Leasehold Price: £29,950 Under Offer
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Business Description
This a recently refurbished, coffee shop & tea rooms with a period character, enjoying an excellent trading position adjacent the famous promenade. The business benefits from superb levels of passing trade due to its position on the main route betwixt the seafront and town centre. The coffee shop has been decorated to an exemplary standard and is offered with the full trade inventory. A rare opportunity to acquire a business with such personality.
Business Information
Tenure: Leasehold

Location Details:

The coffee shop occupies a prime location adjacent the promenade and on the main pedestrian route to the town centre.

Leasehold Term:

The business is offered with the remainder of a 10-year lease commencing April 2013. The passing rent is £10,000 p.a., which increases to £11,000 in 2014 and £12,000 in 2015. The first rent review shall take place in 2016. The lease is renewable under the terms of the Landlord & Tenant Act, 1954.

Listed by: GPS Direct.com
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