SITUATION: Well located within Swanage town centre just off Swanage sea front, the Old Stone Quay and the Victorian Pier.
DESCRIPTION: An established, furnished and equipped going concern Café being offered on a brand new 7 year lease with three yearly rent reviews. The premium of £59,950 is for the business which is opened by the current owner for 364 days a year, opening from 7am until 2pm each day, and employs 9 part time staff whose hours range from 5 to 30 hours a week. Being local the current owner does use local suppliers who include JJ Moore's Butchers, Swanage Dairy, Dragons Bakery and Cedar Organic. For further specific details and to see the accounts applicants must first have viewed the property and expressed a serious interest in the business.
MAIN CAFE (N): 15'11" (4.85m) x 12' (3.66m). Tiled walls and flooring, serving counter with till. Opening into the serving area:
KITCHEN: 11'6" (3.5m) x 7'8" (2.33m). Equipped with brand new grill, coffee machine, hot water boiler, 6 burner gas hob and oven, gas fryer, bain-marie, 3 domestic fridges, 2 freezers, upright large freezer and a double bottle fridge.
INNER HALL: Door to rear courtyard.
W.C.: Wash basin, low level w.c., radiator, half tiled walls.
STORE: Gas boiler (fitted in 2017), radiator, tiled floor, half tiled walls.
OUTSIDE: Small rear yard with pedestrian right of way to Burts Lane.
LEASE etc: A brand new 7 year lease will be created (excluded from the 1954 Act) for an initial rent of £9000 per annum, and three yearly rent reviews. The business is registered for VAT and for the year ending 31st May 2019 turned over £91,564 showing a gross profit of £70,018. For further specific details and to see the full accounts applicants must first have viewed the property and expressed a serious interest in the business.
BUSINESS RATES: Current rateable value for 3 High Street is £4650.00 but the current owner receives 100% rent relief. We advise that any applicants should check with Dorset Council whether this is transferrable.
SERVICES: All main services are connected. N.B. Any services or appliances mentioned above have not been tested by Miles & Son.
VIEWING: By appointment only please, with the Agents MILES & SON. Our office is open Monday-Friday 9am-5.30pm; and Saturday 9am-4pm March-September inclusive, 9am-12.30pm at other times. Lunchtimes included.
The Property Misdescription Act 1991. These particulars have been prepared to the best of our knowledge and belief in accordance with the Act and they shall not constitute an offer or the basis of any contract. Our inspection of the property was purely to prepare these particulars and no form of survey, structural or otherwise was carried out. Defects and/or other matters may be revealed on a survey carried out on your instructions. Room measurements, taken in accordance with the RICS recommended practice, to the nearest three inches. Site measurements where given, are approximate and intended only as a guide as obstacles may well have prevented accuracy. An appointment to view should be made and all negotiations conducted through Miles & Son.