*With an ingoing premium of £75,000* This is a vintage tea room seating 34 + gift/homeware shop alongside with 8 seats outside. A leasehold lock up of 715 sq ft + kitchen, store and cloakroom. EPC Rating D. Read more
*With an ingoing premium of £75,000* This is a vintage tea room seating 34 + gift/homeware shop alongside with 8 seats outside. A leasehold lock up of 715 sq ft + kitchen, store and cloakroom. EPC Rating D.
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, parklandsand 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. The business website: https://sallysvintagechic.co.uk/
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.
The accommodation briefly comprises:
MAIN SHOPInternal frontage 28'6" (8.69m) x 25'3" (7.7m).In two sections
LEFT HAND SIDE - MAIN CAFETERIA12'4" X 25'3" (3.76m X 7.7m).With seating for 34 customers.
RIGHT HAND SIDE - RETAIL AREA16'1" X 25'3" (4.9m X 7.7m).
CUSTOMER CLOAKROOM (Accessed from left hand side cafe). With low level toilet.
KITCHEN PREPARATION AREA17'2" X 5'8" (5.23m X 1.73m).With work surfaces, usual equipment subject to inventory.
STORE ROOM7' X 5'8" (2.13m X 1.73m).With door to outside.
CLOAKROOM With low level toilet.
AGENTS NOTE Included within the sale will be a microwave, stainless steel sink unit, china crockery and cutlery. The premises benefit from electric heating and has an over door heater.
SERVICES Main electricity, water and drainage.
RATEABLE VALUE £21,250 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.
VIEWING Strictly by appointment through the selling agents.
VAT We understand that our client has not opted to charge VAT.All interested parties should make their own enquiries of HMRC
WEBBERS DON'T JUST SELL HOUSES Webbers Commercial: Award Winning Department of Webbers Estate Agents Cup "Webbers Sales Achievement of the Year Award" - Winners 2018.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