Tea Rooms/Cafe in the Centre of Freshwater
Price:
Leasehold - £7,995
Location:
Isle of Wight , Centre, Freshwater
Business Type:
Food Service Businesses
Occupying the ground floor of an attractive two storey Victorian property with double fronted shop front with floor to ceiling glazing. This gives access to an area with comfy seating to sofas and armchairs for 6 and a further 15 to conventional tables and bar. There are serveries for the sale of coffees and other hot beverages, along with chilled display cabinet. To the rear of the premises is a part commercial/part domestic fitted kitchen and preparation area, customer toilet facility and small conservatory utilised for storage. In our opinion Robinsons presents as a bright and welcoming eatery.
OUTSIDE
To the rear of the property is an enclosed courtyard which has been part decked with a view to potentially offering external seating, subject to any necessary consents.
THE BUSINESS
Fitted for the trade Robinsons is in our opinion, a turnkey business selling both hot and cold beverages, breakfasts, wraps, bagettes, sandwiches, jacket potatoes and a children's menu, for either "eat in" or "take away" customers. Our clients can demonstrate turnover and expenditure via a weekly takings book to bona fide applicants after inspection.
THE LEASE
A 3 year term from March 2011 with the right to renew under the terms of the Landlord and Tenant Act 1954. The current passing rent is £5,000 per annum exclusive, rising to £6,500 per annum in Year 2 and £7,500 in Year 3.
Centrally located along Freshwater's main retail area, amongst occupiers such as Nat West Bank, Victoria Wine, Barclays Bank, together with a number of Estate Agents and local retailers, such as a chemist, a greengrocer and a butcher. Freshwater is the principal commercial town serving the day to day needs of the West population and enjoys a significant increased footfall from visitors during the now extending Summer season.
11.00 a.m. to 2.00 p.m. Monday to Saturday (closed Thursdays). 9.00 a.m. to 4.00 p.m. throughout the
North Yorkshire
£ 750,000
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