• Chartered Surveyors & Property Professionals

Skegness Road, Ingoldmells

 

£60,000

cafe / restaurant for sale in Skegness, Lincolnshire

Key Features

  • Leasehold Business Opportunity For Sale
  • Recently Extensively Refurbished, Beer Tie Only 'Bar & Diner' premises
  • Close to Butlins, Fantasy Island & the Beach
  • Excellent Turnover Potential
  • 3 Bedroom Owners Accommodation
  • Large First Floor Function Room with Bar
  • For Sale due to Retirement
  • EPC Rating: D

Leasehold Business Opportunity For Sale – Recently extensively refurbished, beer tie only ‘Bar & Diner’ premises situated in a great location in the heart of the east coast holiday industry. The property is situated close to Butlins and Fantasy Island and has been traditionally operated for 8 months of the year during the busiest part of the holiday season (March to November). Excellent turnover potential. Large first floor Function Room with Bar. Outdoor seating areas, ample parking, 3 bedroom owners accommodation included.

Tenure: Leasehold


Kitchen - 17' x 16' (5.18m x 4.87m)

Note: Kitchen equipment and appliances are included in the sale comprising:- Cooker, Fryer, Griddle, Microwave, Dishwasher, Glasswasher, Chiller & stainless steel tables.

ExternalCompoundStorageArea -

Situated to the rear of the kitchen together with outbuildings to include:-

BoilerRoom -

Housing the electric central heating boiler.

StorageRoomFreezerRooms - 13' 6'' x 13' (4.11m x 3.96m)

plus 13′ 6” x 6′ 4” (4.11m x 1.93m)

FirstFloorFunctionRoom - 30' x 21' 4'' (9.14m x 6.50m)

Fire escape, recess servery/bar.

FirstFloorResidentialAccommodation -

Comprising of:

Landing -

With radiator, walk-in storage cupboard, fire escape.

Lounge - 16' x 9' 9'' (4.87m x 2.97m)

With radiator.

Kitchen - 11' x 9' (3.35m x 2.74m)

Newly fitted with a modern range of base and wall units with worksurfaces, stainless steel single drainer sink units.

Bathroom - 10' 4'' x 8' 7'' (3.15m x 2.61m)

Newly fitted comprising panelled bath with shower over, low level wc suite, pedestal wash basin.

Outside -

To the side of the property there is an external covered area providing additional seating area.

Carpark -

There are extensive carparks to the front and rear of the property.

Tenure -

The property is let on a rolling lease for a term of 10 years from 25/02/14 at an annual rent of £44,577 per annum plus vat. For sale, subject to the assignment of the lease and satisfactory references. Landlords: Hawthorn Leisure.

AccountsTurnover -

Accounts can be made available to bonafide purchasers who have viewed the premises. The turnover is in excess of £500,000 (approximately 70% food & 30% wet sales). The property has been closed since the beginning of 2020 due to refurbishment.

Viewing -

Viewing is strictly and only by prior appointment through the agents Skegness office, Tel: 01754 896100.

RateableValue -

£17,000.

LocalAuthority -

Council Tax Band ‘A’ (owner’s accommodation) payable to Local Authority: East Lindsey District Council, Tedder Hall, Manby Park, Louth, Lincs, LN11 8UP. Tel: 01507 601111.

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