Nationwide are pleased to offer to the market : We understand the property was built approximately 35 years ago and as stated is situated on the outskirts of Shaftesbury approximately ½ mile from the town centre. Situated in a residential and commercial area, in our opinion the business offers terrific potential for further increase in the right hands.
No Parking Restrictions
Full On & Off Licence
Full Gas Fired Central Heating
Entrance to ground floor CAFÉ approx. 5.3m x 5m with mainly laminated strip floor plus part lino floor (serving area). The Café is utilized for sandwiches, baguettes, jacket potatoes, breakfasts, lunches etc. takeaway and delivery. Tables and chairs providing seating for 13 persons. Cool display serveover with refrigerated storage section, counter, electronic cash register, automatic drinks machine, hot display cabinet, slimline upright glass fronted drinks display fridge (on loan from Coca Cola), glass topped chest deep freeze.
In addition to the Café is a separate RESTAURANT, established by the present owners as a Licenced Thai Restaurant, which could obviously be continued and in our opinion there is potential for other types of cuisine, if desired. The Restaurant is fully carpeted and well fitted including wall lighting, spot ceiling lighting on tracks. Quality tables and chairs providing seating for 26 persons (can be increased to accommodate 32 persons if desired). Attractive wooden bar, 3 bar stools, bar with 2 hand pumps, double door glass fronted counter fridge, coffee perculator, sink and drainer, wash hand basin.
To the rear of the Café is the LEVEL KITCHEN approx. 4.3m x 3.2m with non-slip floor and well equipped including stainless steel extractor unit, 2 4-burner gas cookers with ovens, solid top grill with hot cupboard, sink and drainer, fridge, 2 fridge/freezers plus 1 small deep freeze, 3 microwave ovens, panini toaster, 6-slice toaster, second sink and drainer, wash hand basin etc.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Stairs to first floor storeroom with 6 small upright deep freezes, 1 large upright deep freeze.
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
We understand the property is a long leasehold held from the freeholders, North Dorset District Council, we understand the lease runs from November, 1971 until November, 2089. We are further advised that the annual ground rent is £583.33 with the next rent review due in 2015.
Uniform Business Rates: £2,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED FOR THE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £138,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT