Restaurant/cafe to let in The Avenue, Minehead TA24

From £7,800 pa (£7800.00/sq. ft. pa)
From 1 - 850 sq. ft*
Interested in this property? Call +44 1271 618961 * or Request Details

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Property description

**** With an ingoing Premium of £75,000 ****


Location


In the heart of Minehead, which is often referred to as the 'Gateway to Exmoor National Park' and the premier resort on the coast of West Somerset this property is ideally placed in the heart of the town centre for passing trade. The premises adjoin Iceland retail store on one side and are set back from the Avenue, the main road which connects the town centre to the seafront. There are car parks nearby and the premises have the benefit of forecourt seating outside. Minehead has a population of approximately 8,000 inhabitants which is boosted during the summer months with an influx of tourists. It is the centre for Butlin's Holiday Park which doubles the population and has regular events throughout the year and weekends in the winter. The resort offers the usual facilities including sandy beaches, parklands and has an excellent choice of local and national retailers including Lidl's and Tesco's Supermarket.


The premises


The premises comprise of a large double fronted retail unit of approximately 715 sq ft in two sections, the left hand side has A3 use for the main cafeteria and tea room and the other side has A1 retail use for the main vintage chic gift shop and homeware section. The shop and the cafeteria are well presented throughout and will be offered fully furnished and equipped including all tables and chairs, counter servery, display cabinets, lighting and shelving throughout the retail premises and all kitchen equipment, subject to trade inventory excluding any items of a personal nature. Within the main cafeteria there is a customer cloakroom and to the rear of the main counter there is a through kitchen/preparation area, storage room and staff cloakroom.


The business


Described as an 'Emporium of vintage gorgeousness' in the heart of Minehead, the business is that of vintage chic furniture shop selling crafts and china, pressed glass and lovely linen. Ideal for presents, treats and gifts. The business is extremely popular as a vintage tea room, where you can partake in the scrumptious cakes and homemade food. The business also operates as an off licence and can sell wine and bottled beer as well as costume jewellery, locally sourced tea and coffee and sells nostalgic vintage gifts etc. It is operated by a husband and wife team and opening hours are from 9am- 4.30pm out of season and during the summer from 9am- 5.30pm. During the busy months the business employs six part-time staff (mainly students) and in the winter up to 4 part-time staff. The business has been established for three and a half years and is now offered as a going concern, producing a turnover of £102,600 per annum as of the end of March 2017. Stock will need to be purchased at an additional sum at valuation.


Tenure


The premises are held on the balance of a five year lease at a current rent of £650 per calendar month. With an ingoing premium of £75,000.

Property info

  • Details
  • Available immediately
  • Part furnished
Floorplan(s): Floorplan

Floorplan View original

Nearby transport

  • Rhoose Cardiff International Airport (13.6 miles)
  • Llantwit Major (14.1 miles)
  • Barry (15.5 miles)
  • Cardiff Airport (14.3 miles)
  • Exeter International Airport (32.7 miles)
  • Bristol Airport (34.9 miles)
  • Minehead Harbour (0.5 miles)
  • Barry Waterfront Ferry Terminal (15.9 miles)
  • Penarth Pier (20.7 miles)

Nearby schools

View all schools in West Somerset
  • Minehead First School (0.2 miles)
  • St Michael's Church of England First School (0.3 miles)
  • Dunster First School (1.9 miles)
  • West Somerset College (0.8 miles)
  • Taunton School (19.9 miles)
  • King's College (21.3 miles)
  • Minehead Middle School (0.4 miles)
  • Danesfield Church of England Voluntary Controlled Community Middle School (7.1 miles)
  • Kingsmead Academy (13.6 miles)
Note: Distance is shown as a straight line measurement

Local info for West Somerset

About the neighbours in TA24

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Webbers Commercial, EX31 on +44 1271 618961 * (local rate)

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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 Webbers Commercial, and do not constitute property particulars. Please contact Webbers 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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