11a, Grove Road, Lowestoft Annual Rental Of £8,500 (£164 pw)

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  • Popular Cafe, Coffee and Takeaway Business.
  • Sandwich Bar at Ground Level with 12 covers.
  • Restaurant with 20 covers on first floor with fitted kitchen.
  • Buildings well looked after and in a good condition.
  • Display windows to ground.
  • Sensibly prices, rent and rates payable.
  • All Fixtures and Fittings available.

Currently a popular Sandwich Bar & Bistro extending to 950 ft2 (88 m2). This is compact space just off the peak prime shopping areas and adjoining British Red Cross on Beach Road and the Music Store next door.

Available owing to retirement of the Long Standing Owners.

All Fixtures and Fittings are available for a Tenant.


Rooms

Description

The property has useful space on both ground and first floor connected with an easy staircase.

Ground Floor - Current Sandwich & Coffee Bar

Provides access from the street with a full length display windows. Currently retail sales with serving display counter / cereal and quick breakfast bar. The area extends to 476 ft2 (44.24 m2) including a cold store area. There is a useful small store room off extending to 43 ft2 (4m2) and a separate WC under the stairs. Subtotal of Ground Floor - 519 ft2 (48.23 m2)

An easy and well placed staircase leads to the first floor.

First Floor - Currently a Restaurant

Restaurant with 20 covers. This area is currently divided in to two generous areas, providing an open seating area of 236 ft2 (22 m2) and a separate working kitchen area of 213 ft2 (19.78 m2). There is a WC on the Landing area. First Floor - Subtotal - 450 ft2 (41.82 m2)

The Property on Two Floors extends to a total of 969 ft2 / 90.11m2.

Business Rates

The 2017 rateable value is £4,400. The amount payable in the £ for 2016/17 is 46.6p. No rates are payable under the Finance Act to Support Small Businesses.

Tenure

Leasehold; Minimum 3-year terms, multiple terms available.

Rental Bond

A three month rental bond will be required.

Due Diligence

Personal and Company checks are required on each party.

Lease

A Law Society Lease outside of the Act will be provided on a short lease upto 6 years. The cost will be £350 + VAT plus a Schedule of Condition at £175 plus VAT.

Legal Costs

Both parties will pay their own legal costs.

VAT

All rents and prices are quoted net of VAT. In the event of buildings being classed as "Taxable Buildings", or owners deciding to opt for buildings to be classed as such, all prices or rents quoted will be subject to the addition of VAT at the standard rate.

Plan

The area shown edged with Red on the plan is the property however the first floors rooms tinted blue and the ground floor tinted yellow are not part of the property.


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EPC

Floorplans (Click to Enlarge)

Nearby Places

Name Location Type Distance
11a, Grove Road
Lowestoft NR32 1EB
County: Suffolk
Sale Type: For Rent
Ref #: L1886/12/17 - Sandwich Bar & Bistro