Under Offer Bed
Native Coffee Shop, St Nicholas Street, Scarborough £15,000
Contact Agent
Andrew Cowen Estate Agents, ScarboroughTel: 01723 377707
info@andrewcowen.com
About the Property
This LARGE 1234sq.ft A1 category unit is currently established as a COFFEE SHOP / DELI and is available to LEASE now! In the heart of Scarborough TOWN CENTRE within a HIGH FOOT FALL area, the unit benefits from YEAR ROUND TRADE, COMES WITH ALL FIXTURES AND FURNISHINGS and is RATE FREE UNIT APRIL 2021 then […]
- POPULAR TOWN CENTRE LOCATION
- VERY HIGH FOOT FALL
- APPROX 115 sq/m / 1234sq.ft
- LENGTH OF LEASE NEGOTIABLE
- LARGE DISPLAY WINDOW
- DISABLED ACCESS AND TOILET
- A1 CLASSIFICATION
- AVAILABLE NOW
- NO RATES PAYABLE UNTIL APRIL 2021 DUE TO COVID-19 - AFTER THAT BENEFITTING FROM RETAIL 50% DISCOUT D
Property Details
Description
Lease details:
Currently in the 2nd year of lease - available for a further 3 to 10 years
Annual rent of £8,500 (£708 pcm) until June 2021 then rising to £10,000 PA (£833.30 pcm) thereafter
Rate details:
Currently paying no rates until April 2021 due to COVID-19
After then, the unit benefits from the Retail Discount of 50% (£650 pcm)
Coffee Shop details:
Currently serving over 20 covers on the shop floor however has the capacity for up to 60 covers.
Currently operating on an A1 licence (minimal cooking/cold takeaway food and hot drinks), however can upgrade to the A3 café licence with support from the local council, also possibility for drinks licence.
Disabled toilets/male toilets/staff toilets/baby change facilities.
Prep room and separate kitchenette with sink and dishwasher
Asset list:
San Remo Zoe Coffee Machine - purchased Nov 2019 - £4,189.50
Anfim Practica Coffee Grinder - purchased Nov 19 - £1,284
Deli Fridge - purchased May 19 - £1,800
Tables and Chairs - purchased May 19 - £1,000
Crockery - purchased throughout ownership - £1,500
Decoration - purchased throughout ownership - £3,000
Fridge/Freezer - purchased May 19 - £210
This unit is ideally based to benefit from the foot fall of Scarborough's busy town centre. The unit is based on a direct route from the town centre to the South side beach front and within close proximity of other restaurants, bars, hotels and parking. The unit comprises; approx 115sq/m unit, 12.4m x 7.5m shop floor, fire exit, disabled toilets/male toilets/staff toilets/baby change facilities, prep room and separate kitchenette with sink and dishwasher. Working electric throughout, fire extinguishers, pull cord in the disabled toilet, intruder alarm panel and air conditioning panels.