Seaside Cafe In Marske-By-The-Sea For Sale

Property Information

Property:

Leasehold

Leasehold Type:

Existing

Lease Terms:

LEASEHOLD £50,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

The Wynd Pantry Café is held on a part repairing and insuring lease agreement from a private individual for a term of fifteen years, commencing April 2021 and expiring March 2036. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable, subject to the Landlord’s consent. Rent currently stands at £5,900 plus VAT per annum, paid quarterly in advance. An incoming party will be required to provide a rental deposit to the Landlord in advance plus personal guarantors.

Leasehold Rent:

£5,900 per annum

Location:

The Wynd Pantry is located in the coastal village of Marske-by-the-Sea, located 2 miles north of Saltburn and 3 miles south of Redcar Beach. Marske is a popular residential area and enjoys a thriving tourist trade. Surrounded by an Area of Outstanding Natural Beauty, this is a very popular place to visit in the warmer months.

The property is a mid-terrace lock-up situated in a busy shopping area in the village.

Premises Details:

TRADE AREAS
A well presented, glazed shop front with entrance directly from the street. You are welcomed into the DINING AREA which has seating for approximately 20 people. This area is decorated to a good standard and has a warm and welcoming feel.

To the rear of the dining room is the serving counter with a large refrigerated display. There is a counter top on the back wall for food preparation.

Located at the rear of the shop is a well-equipped COMMERCIAL KITCHEN with lots of space and an additional wash/prep room.

TOILET FACILITIES are also located to the rear of the shop.

All areas are finished to a high standard. Our clients have invested in new equipment, fixtures and fittings for the business making it a ‘turnkey’ operation.

EXTERNAL
To the front of the property is a large area with seating for 24; an excellent space to utilise during the warmer months.

SERVICES:
All mains services are connected.
Local authority is Redcar and Cleveland Borough Council
Current rateable value: £4,950