*AN OPPORTUNITY FOR INVESTMENT * - TO PURCHASE THE FREEHOLD OF A CENTRALLY SITUATED TWO-STOREY BUILDING WITHIN A 2-MINUTE WALK OF THE ESPLANADE
OF INTEREST TO INVESTORS TO PURCHASE THE FREEHOLD OF A THRIVING BUSINESS IN THE HEART OF THE TOWN, ALONG WITH SEPARATELY RENTED 3 BEDROOM FLAT ABOVE
Coffee Corner Cafe plus First Floor Flat with Living Room, Kitchen, 3 Bedrooms, Bathroom, Gas Central Heating and Part Double Glazing.
COFFEE CORNER CAFE:
The Cafe was run by the Freeholder from the spring of 2011 - April 2016. At this point, the premises were leased on a 10-year Lease with 3-year rent reviews.
The premises is sited in a most prominent position in the town with nearby coach park, car park, high street and seafront.
The Cafe is let on a 10-year Lease (dated 19 April 2016) with 3-year rent reviews at the annual rent of £15,500.
2016/17 - £6,400
Small Business Rates Relief discount is available for this property.
Recent Accounts available for viewing upon request in our office.
FIRST FLOOR FLAT
Wood effect flooring, coved ceiling, ceiling spotlights, radiator and 'sash' window.
Range of base & drawer units with contrasting work surfaces and tall cupboards. Breakfast bar with integrated oven and ceramic 4-ring hob combination island with cupboards under and extractor hood over. Inset single drainer stainless steel sink unit with mixer tap and tiled splash back. Space and plumbing for washing machine. Wood effect flooring, ceiling spotlights and hanging light fitments, radiator and large 'sash' window.
Radiator and double glazed window. Wooden shelf and recess above. Ceiling spotlights. Loft access.
Radiator and 'sash' window. Television aerial point. Ceiling spotlights and coved ceiling. Wooden frame headboard.
Radiator & two double glazed windows. Ceiling spotlights. Wooden frame headboard.
White suite comprising panelled bath. Pedestal wash hand basin h/c with tiled splash back and low level WC. Wood effect flooring, radiator, 'sash' window and ceiling spotlights. Cupboard, mirror with glass shelf. Toilet roll holder.
Mains water, gas, electricity and drainage are connected.
Vacant Possession on Completion.
ENERGY PERFORMANCE RATING
BAND "D" (60)
Sedgemoor District Council
THE FLAT: Tax Band: A £1,147.28 2018/2019
We are informed by the Freeholder that the Flat is rented on a 6-month Assured Shorthold Tenancy at £600 PCM.
The Freeholder notifies us that, previously, the Flat had been rented out at £650 PCM.
Details by: AA
Then all you need to do is get in touch to ask any questions or arrange a viewing. We'd love to show you around!
Call on 01278 782266 or use the form below.