The Esplanade, Great Yarmouth

£50,000


A leasehold café business located on Great Yarmouth's golden mile. The premises benefit from a prominent corner position overlooking the beach and adjacent to the Jetty pay & display car park. Floor area totals 317 sq ft (29.48 sq m)

LOCATION
Great Yarmouth is situated on the East coast of Norfolk, approximately 20 miles east of Norwich and eight miles north of Lowestoft.



The Esplanade is a pedestrianised stretch of the Towns Golden Mile. It is largely characterised by amusement arcades, adventure parks, and café and restaurant trades.



The premises benefit from a prominent corner position overlooking the beach and adjacent to the Jetty pay & display car park.


DESCRIPTION
A lock up single storey shop unit; the property is of brick construction with a flat roof. There are traditional glazed shop front to both the beach and carpark facades, with associated curtilage for outside dining tables.



Floor area totals 317 sq ft (29.48 sq m)


SERVICES
We have not carried out tests of the services or appliances and interested parties should arrange their own tests to ensure these are in working order.


TERMS
The business 'Good Will' is available at an asking price of £50,000.


OUTGOINGS
The premises have the following assessment.



Description: Café & Premises

Rateable Value: £2,900

Rate in the £ for 2016/2017: 49p



Applicants may qualify for 100% relief under the governments Small Business initiative please enquiry for further information.


LEGAL COSTS
Each party is to be responsible for their own costs incurred in the transaction.


OTHER
FIXTURES & FITTINGS

All fixtures, fittings & stock are included within the sale; a full inventory will be available upon request.



TENURE

The property is held on a 3 year full repairing & insuring lease which commenced on the 6th March 2018. The passing rent is £7,800 per annum exclusive.



The lease benefits from the security of tenure provisions of the Landlord & Tenant Act 1954.


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