Restaurant/cafe for sale in Victoria Road, Scarborough YO11

Guide price £12,000
Interested in this property? Call +44 1723 266866 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Leasehold cafe / coffee bar
  • Low overheads - rent £500PCM
  • No business rates payable
  • Available by way of lease assignment
  • All enquiries to cph commercial

Property description

*** cph welcomes to the market this well established 24 cover leasehold cafe / coffee bar benefiting from low overheads including 100% business rates relief! ***

This is a rare opportunity to acquire the leasehold interest in 69 Victoria Road which currently targets the breakfast and lunchtime trade with opening hours of 7.30am and 2pm. There are approximately 7 years remaining on the 10 year lease to a local landlord with the rent equating to £500 per calendar month (£6,000pa). A detailed inventory is available to view with the owners but essentially the business comes fully equipped with griddle, 2 x fryers, Nera coffee machine, Zanussi electric oven and hob together with a number of fridges and freezers. The premises are priced to sell and will not stay on the market long. Ring cph today to arrange an appointment to view! Location:
Scarborough is an established commercial, tourist and retail centre, approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: Ons and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast attracting an estimated 7 million visitors a year. More precisely, the premises occupy a prominent trading location close to Victoria Road's junction with Northway. A number of offices and local businesses are located within the immediate vicinity including the Police Station and the Job Centre to name just a couple.

Tenure:
Leasehold. The current rent payable is £6,000pa (£500pcm). A copy of the lease can be viewed at our offices for seriously interested parties.

Accounts:
The latest accounts show a healthy profit. These can be viewed at offices to seriously interested parties.

Inventory:
The vendor is currently putting together an inventory of all items to be included in the sale.

EPC:
The property has an energy assessment of: Band 'tbc'. A full copy of the EPC and Recommendation Report can be viewed at our offices.

Business rates:
2017 Rateable Value: £6,000The property qualifies for 100% Business Rates Relief. Further details are available via the Local Taxation office on services:
The property benefits from mains electricity and water supplies. Prospective purchasers are advised to make their own enquiries with regards to services.

Planning:
We understand the premises operate under an A1 (retail) use class. Enquiries with regards to the planning position should be directly directly to the Local Authority's Planning Department on .

VAT:
The property is not elected for VAT.

Viewing:
By appointment only via the Sole Agents:Cph Property Services19 St. Thomas StreetScarboroughYO11 1DYContact: Joe Walker MRICSTel: Email:

Property ref:
Esc 10875

details prepared:
11112017 jw


Property info

Floorplan(s): Floorplan 1

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Nearby transport

  • Scarborough (0.2 miles)
  • Seamer (2.9 miles)
  • Filey (6.8 miles)
  • Durham Tees Valley Airport (44.1 miles)
  • Humberside Airport (49.0 miles)
  • Leeds Bradford International Airport (58.5 miles)
  • Hull Ferry Terminal (37.6 miles)
  • Transporter Bridge South Side (39.1 miles)
  • Transporter Bridge North Side (39.1 miles)

Nearby schools

View all schools in Scarborough
  • Gladstone Road Primary School (0.3 miles)
  • Friarage Community Primary School (0.5 miles)
  • Scarborough, Northstead Community Primary School (0.8 miles)
  • Scarborough University Technical College (0.7 miles)
  • Scarborough Sixth Form College (1.1 miles)
  • International Christian Language School for Functional English (16.5 miles)
  • St Augustine's Roman Catholic School, Scarborough (1.1 miles)
  • Springhead School (1.1 miles)
  • The Woodlands Academy (1.3 miles)
Note: Distance is shown as a straight line measurement

Local info for Scarborough

About the neighbours in YO11

For more information about this property, please contact
CPH Property Commercial, YO11 on +44 1723 266866 * (local rate)

Contact CPH Property Commercial about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CPH Property Commercial, and do not constitute property particulars. Please contact CPH Property Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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