*INGOING PREMIUM OF £60,000* Alongside the Canal, this is a modern detached 24 seater tea room with outside seating for 32. With on-site parking for staff and disabled badge holders. EPC Rating E. Read more
*INGOING PREMIUM OF £60,000* Alongside the Canal, this is a modern detached 24 seater tea room with outside seating for 32. With on-site parking for staff and disabled badge holders. EPC Rating E.
LOCATION Located in a unique position mid-way along the Bridgwater and Taunton Canal and close proximity from the two towns (Taunton 8 miles and Bridgwater 7 miles). This unique catering venue is ideally placed to take advantage of day-trippers, cyclists and people traversing the waterway.The site is easily found off the A361, just east of Durston and sign-posted from that main road, giving direct access to the canal.Nearby villages include North Curry, West Monkton and Stoke St Gregory.Taunton the County town of Somerset is within easy motoring distance.
THE PROPERTY The 14 mile canal, journeys through the unspoilt level countryside on the edge of the Somerset Levels. The purpose built premises, constructed in 2002 is located alongside one of the seven Canal Locks.The history of the canal can be found on the website: www.canalrivertrust.org.uk
THE PROPOSAL Webbers Commercial have been instructed by the current tenants to dispose of their leasehold interest in the Maunsel Lock Tea Room as a going concern.
TENURE The premises are offered on the basis of a 5 year lease at a current rental of £4,500 per annum and an ingoing premium of £60,000, which takes into account the fact that the proprietors have to maintain the public and boaters facilities adjoining the teashop.
THE BUSINESS The business opens all year round on seasonal hours, normally 10.30am 3.30pm in winter and 10.30am 6pm in the summer.The good and varied menu is offered for sale including sandwiches, paninis, soup, traditional cream teas, jacket potatoes, homemade delicacies including cakes, ice creams and teas & coffees etc. We understand the turnover to be in the region of £84,000 per annum.This is a unique opportunity to acquire a waterside catering business which benefits from free access to the public car park and also benefits from passing trade from pedestrians and cyclists alike enjoying the canal.There is also the potential to increase trade by extending hours/evening opening.
The accommodation briefly comprises:
TEA ROOM CONSERVATORY AREA20' x 34'7" MAX (6.1m x 10.54m MAX).L-Shaped. With seating inside for 24 customers.
KITCHEN PREP ROOM11'6" x 10'10" (3.5m x 3.3m).
FURTHER PREPARATION ROOM8' x 6'9" (2.44m x 2.06m).
STORAGE/REFRIDGERATOR ROOM20' x 12'3" (6.1m x 3.73m).
OUTSIDE Seating area for an additional 32 customers including four large tables and picnic tables, a pergola, decking and grassed areas all overlooking the canal. To the rear are two disabled parking spaces as well as staff parking. Adjoining the main tea room with access to the side is:
PUBLIC TOILET FACILITY There is an agreement with the Landlord that the proprietors of the cafe are responsible for the opening and closing and the cleanliness of the adjoining public and boaters toilet facilities.
AGENTS NOTE The business will be offered comprehensively equipped subject to trade inventory.The accounts will be made available to those seriously interested parties who have inspected the premises.It should also be noted our clients live in the cottage on the opposite side of the canal and this cottage may become available at a later date under separate negotiation.
SERVICES To be confirmed.
VAT We understand that our client has opted to charge VAT.All interested parties should make their own enquiries of HMRC
VIEWING Strictly by appointment through the selling agents.
RATEABLE VALUE £1,450 UBR, as of April 2017, 47.9p in the £ Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. We are advised the current tenants ae eligible for Small Business Rates Relief but encourage all interested parties to make their own enquiries.
COUNCIL TAX BAND To be advised.
WEBBERS DO NOT JUST SELL HOUSES Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.
WANT TO KNOW MORE? We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding. www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.ukhttp://list.english-heritage.org.uk