Commercial Property for sale in High Street,Newmarket

  • Guide Price of £55,000
  • Other
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A UNIQUE OPPERTUNITY TO ACQUIRE A TOWN CENTRE LOCK UP SNACK BAR AND CAFE WITH A3 USAGE

This charming cafe has been part of the Newmarket scene for over eighty years. It is located in a prime position at the top of the High Street and consists of an internal customer seating area and kitchen.

GUIDE PRICE: £62,500 LEASEHOLD
ON A FULL REPAIR AND INSURING LEASE


A UNIQUE OPPERTUNITY TO ACQUIRE A TOWN CENTRE LOCK UP SNACK BAR AND CAFE WITH A3 USAGE

This charming cafe has been part of the Newmarket scene for over eighty years. It is located in a prime position at the top of the High Street and consists of an internal customer seating area and kitchen.

GUIDE PRICE: £62,500 LEASEHOLD
ON A FULL REPAIR AND INSURING LEASE

Current opening hours:

Monday – Saturday: 6am until 2pm
Sunday: 7am until 2pm

Items to be included in the sale are:

•One stainless steel griddle
•Four pot Bain Marie
•Six slot toaster
•Panini sandwich maker
•Stainless steel Dishwasher
•Three door stainless steel refrigerator
•Stainless steel upright freezer
•One commercial microwave
•One 'Pukka Pies' heater
•Four ring hob gas cooker
•1500mm cooler and food display cabinet
•One cash register
•One hot water heater
•Two soup tureen heaters (with tureens)
•Forty cover white crockery sets including tea cups and saucers
•Five tables of varying sizes (for internal use)
•Twenty four chairs (for internal use)
•Six outside tables
•Twelve chairs
•Six seater outside table
•One sofa
•Fixtures and fittings at stock value

9 YEARS REMAINING FROM ORIGINAL 15 YEAR LEASE GRANTED IN SEPTEMBER 2006

•Rent: £11,000 per annum exclusive
•Rates: £2,400 per annum approx

Buyers must satisfy themselves insofar as any VAT or tax liabilities are concerned

Next review 2016

THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
  • Cafe with A3 usage
  • Town centre location
  • Excellent business opportunity

property reference: NACE9847421
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