St. Mary Street

Weymouth, Dorset, DT4 8PB

Offers in the region of

£20,000

Retail property for sale

For Sale Going Concern Cafe with 2 bedroom flat above.

For Sale a long established leasehold cafe business in central Weymouth with a 2 bedroom owners flat above.

The premises are located close to the beach in the main pedestrian thoroughfare of St Marys Street opposite Animal Clothing and close to Marks and Spencers and Barclays Bank.

The current rent is £21,000pa on the basis of the remainder of a 15-year lease expiring 13 Feb 2020, but renewable under the Landlord and Tenant Act 1954. (The landlord has stated he would allow for a new 15-year lease at the outset).

The premises have been trading for a number of years below the vat threshold as a lifestyle choice and are now for sale to include the usual cafe chattels such as coffee machine, fridges, oven, etc.

Upstairs are customers wc's and a self-contained 2 bedroom flat over 2 levels (furniture not included).

The property benefits from outside seating by ways of a council pavement licence at a cost of £350pa.

In all there is room for approximately 30 covers inside and out.

Stock at Value on completion.

Rate Rv £13,750 (some SBR discount)
Flat Band A

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Get in Touch

Jan Merriott

Jan Merriott

Commercial Manager

Poundbury Archpoint House


MRICS

01305 217992

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