Well known Cliff Path Cafe For Sale or To Lease
Price:
Freehold - £79,950
Location:
Isle of Wight , Cliff Path, Lake
Business Type:
Food Service Businesses
The existing gross internal area of the premises is approximately 27.5m? (296 ft?) comprising servery to front, kitchen and preparation areas to the rear, with staff cloakroom and w.c. The rear of the premises are enclosed by fencing, mostly lawned and providing an open storage area, however, there is planning permission to extend the property in to this area giving the opportunity for internal covers if required. We are advised that the area directly to the front of Drifters is rented from the Isle of Wight Coundil at around £450 per annum and comfortably able to accommodate some 42 cutomers to plastic picnic chairs and tables.
THE BUSINESS
Our clients have operated Drifters since May 2006, offering traditional cafe fayre in hot and cold snacks and lunches, alongside ice-creams and hot and cold beverages. Further financial information is available to bona fide applicants after inspection.
UNIFORM BUSINESS RATE
OPENING HOURS
Weekends 11.00 a.m. to 4.00 p.m. April to end of October (7 days a week July and August).
TERMS
To Lease at oiro £12,000 ffgw + sav at rent of £100 per week OR For sale with offers invited in the region of £79,950 for the benefit of the premises, fixtures, fittings and goodwill of the business, plus stock at valuation on completion.
Drifters sits proudly on the Cliff Path at Lake, on the popular and well used "view trail" linking the tourist destinations of Sandown and Shanklin. Also easily accessible via Heath Road and Lake Railway Station, Drifters is extremely well placed to capture the significant footfall throughout the now extending Summer season.
Lake is part of the Sandown-Shanklin-Lake conurbation wrapping, as it does, around Sandown Bay with the sandy beaches and leisure offer of the area ensuring high numbers of visitors and tourists.
OPENING HOURS
Weekends 11.00 a.m. to 4.00 p.m. April to end of October (7 days a week July and Aug
UK Non-Specific
£ 800,000
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