• TOWN CENTRE CAFE / RESTAURANT OPPORTUNITY
• AVAILABLE BY WAY OF LEASE ASSIGNMENT
• PREMISES COME FULLY EQUIPPED & ARE READY TO TRADE
• TASTEFULLY DECORATED WITH STUNNING EXTERNAL PATIO
• ALL ENQUIRIES TO CPH COMMERCIAL
+++ FULLY EQUIPPED TOWN CENTRE CAFE / RESTAURANT OPPORTUNITY!!! +++
Offered to the market is this stunning restaurant which only becomes available due to the owner's other business commitments out of town. Available by way of lease assignment, this cafe / restaurant sits right in the heart of Scarborough's hotel district and presents a rare opportunity for a competent operator to run their own business. These fully licensed premises benefit from approximately 60 covers and has a well equipped commercial kitchen together with a stunning external seating area.
The premises has been tastefully fitted out, currently offering Italian fare however, we feel it could suit a host of other food and beverage operators. Available with an ingoing of £29,950 (including all fixtures and fittings), we understand the rent is £5,335 per quarter (£21,340pa) and there is approximately 3 years left of the current 8 year lease. Priced to sell, this is a fantastic opportunity to be your own boss and run your own cafe / restaurant! All enquiries to CPH Commercial.
Scarborough is an established commercial, tourist and retail centre, lying 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 property occupies a highly prominent position on St Nicholas Street, in the heart of the hotel district and directly opposite the Town Hall. Major hotels within a 120 metre radius include: Premier Inn: (74 Rooms), Travelodge: (140 Rooms), The Grand Hotel: (411 Rooms), The Royal Hotel: (118 Rooms), Palm Court Hotel (40 Rooms) St Nicholas Street provides a nice blend of both national and local operators with Marks & Spencers being noted close by.
The premises comprise a spacious ground floor restaurant contained within a stunning Grade II Listed mid terrace building. The property is laid out as follows:
2017 Rateable Value - 18,000 The property qualifies for a 1/3 off the business rates for a period of 2 years from April 2019. We estimate the rates payable equate to approximately £500 per month.
This leisure property for sale is located in Scarborough
Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to CPH Estate Agents Ltd. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact CPH Estate Agents Ltd for full details and further information.