We are instructed to sell the freehold of a lock up retail outlet subject to the existing lease; the cafe was recently opened and refurbished as a vegetarian café.
The property has the frontage of 15' facing onto Church Lane, with 4 seats outside and 22 seats inside, with a depth of 21'3" with a rear kitchen area of 4'x 5'3' and separate cloakroom to the rear.
The shop will be comprehensively equipped subject to inventory.
Our client the head Landlord is seeking to sell the freehold interest in the property at an asking price of £59,950 as an investment with a 10 year lease to 30th of June 2027 at a passing rental of £8,000 per annum.
The cafe is comprehensively equipped subject to trade inventory.
Church Lane is one of the oldest streets in Barnstaple; it connects Church Walk and the High Street and has a cobbled walkway close to ancient town houses and the Parish Church with its leaning spire, church hall and church schoolhouse.