Business for Sale in Eye, Suffolk - CAFE - EYE, SUFFOLK - Leasehold: £49,950

Key Information

Ref
R34898E
Type
Food Service Businesses: Cafes
Location
England: Suffolk
Tenure
Leasehold
Status
For Sale
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  • Busy Market Town Location
  • Outside Courtyard Seating
  • Good Sized Kitchen Area
  • New Lease to be Negotiated
  • Interesting Opportunity
  • Characterful Building
  • Option to Include Adjacent Gift Shop
  • Various Seating Areas
  • Well Presented
  • Contact Us for Full Details

PARTICULARS
An excellent opportunity to acquire this delightful cafe set in a characterful listed building in the heart of this busy market town in Suffolk close to the border with Norfolk. A gem of a property with seating across various areas including an external courtyard and scope to extend this further if required.

In addition the neighbouring gift shop, which shares access over the courtyard, is also available to purchase and the two businesses combined would no doubt benefit each other. A purchaser of both would also be viewed favourably in negotiations to reflect the fact they would be taking both on. Details of the gift shop can be found under reference number MG34897E.

THE BUSINESS ITSELF
Whilst the business has operated as a cafe the main focus for the current owner has been their chocolate making business which has also operated from there. The current owner intends to now focus their efforts solely on the production of chocolate from other premises and so the opportunity has arisen for a new owner to take on the cafe and to build on it’s success to date.

There is clear scope to extend the offering and increase turnover accordingly by concentrating on the cafe operation. Everything is in place and ready to go from day one leaving a new owner to focus on the further growth of the business.

ACCOMMODATION
ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The listed building is sat centrally in the town surrounded by other similar commercial and residential properties. There is plenty of parking in the immediate vicinity as well as bus stops giving good access for customers.

The property is of an interesting layout, on different levels and with rooms of differing sizes all adding to the character of the building with features such as ceiling roses, sash windows and original fireplace.

The main room leading in off of the high street has large windows to the front and side giving lots of natural light and is tastefully decorated with feature chandelier lighting. There are steps up to a further room which can be used for dining and giving access to the customer cloakroom. Also from the main room is a corridor room giving access to the outside courtyard but with a useful bar style table along the length of it providing an additional seating area.

The kitchen is a good sized square shape offering ample room for a business of this size and type. Nicely fitted out with a range of work surfaces with cupboards under, tile flooring and character features again. Complete with double oven, Expo coffee machine with grinders, Buffalo grill and toaster, double sink and drainers, Polar stainless steel triple under-counter fridges with worktop above and further additional stainless steel work benches. Open through to the rear hallway offering further storage shelving and door to rear courtyard and then again open through to a further kitchen prep room with stainless steel counters and space for fridge/freezers. We are advised that the premises, understandably, have achieved a 5 star food hygiene rating.

Moving outside the cafe has the benefit of a wonderful enclosed courtyard for outside dining set under fairy lights offering a great alternative space to sit. There is also a very good sized storage room set off this courtyard which in our opinion could provide an excellent additional area for dining. With a vaulted ceiling and with power and light already connected, simply removing the weather boarding to the front facade would provide a further 10/12 covers. This courtyard has it’s own large gates leading in off of the high street and also has the entrance door into the gift shop within it hence it’s an ideal chance to acquire both.

FURTHER INFORMATION

OUR REFERENCE
R34898E.

OPENING HOURS
Tuesday to Saturdays 9:00 am to 5:00 pm.

TENURE
Leasehold. A new lease will be granted on terms to be agreed between the parties. A renewable 6 year lease with a 3 year rent review is proposed.

The purchaser will be responsible for the landlords costs and fees in connection with the grant of the new lease.

RATES PAYABLE
Currently the business enjoys Small Business Rate Relief and so no rates are payable.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

RENT PAYABLE
£11,000 per annum is proposed.

VIEWING
Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.

FINANCE
Finance may be available to suitable purchasers.

BUSINESS TO SELL?
Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

PREMIER MARKETING
We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on all of the online portals and our own website, make your business stand out from the crowd - call us today!

UNHAPPY?
Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

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