Property information
View Property PDF| Status: | Sold |
|---|---|
| Price: | Confidential Agreement reached |
| Tenure: | Leasehold |
Location
Barnstaple is North Devon’s largest town located 40 miles northwest of Exeter with a resident population approaching approximately 30,000 and an estimated catchment population of approximately 82,000 persons, with a further significant boost through tourism.
Situation
The premises are located within the Queens House Business Centre in Queen Street, Barnstaple. The Centre occupies an impressive 4-storey building and is ideally located in Barnstaple Town Centre, next to the main bus station. With over 30 Offices and Shops at Queens House Business Centre, there is an extensive range of tenants from small independents to International Businesses. This provides an ‘in-house- trading opportunity for the “Corner Sandwich Bar” and there are several other shops and offices in Queen Street as well as other Town Centre Businesses and Shoppers. This prestigious commercial building occupies a prominent position in the heart of Barnstaple near to the main Bus Station and Queen Street car park. The premises are ideally placed for convenience and are within level walking distance of all High Street amenities.
Customers can either opt for a take-away service or enjoy dining at one of the pavement tables located outside the premises.
The Premises
A lock up takeaway unit which provides around 165 sq. ft space. The premises are ‘L’ shaped, 16’7’’ x 7’ 8’’ plus 7’1’’ x 5’3’’. Nearby is a Freezer Room/Stock Room and Dry Goods store. 1 x Car Parking space located to the rear of Queens House which is a great asset to bring deliveries to the premises.
Internal Details
The Business is being sold fully equipped and a detailed inventory will be prepared on agreement of sale.
The Business
The Corner Sandwich Bar has traded successfully for many years and in our client’s hands since summer 2019. Run by two ladies, both now wish to retire hence the genuine reason for this sale. This catering outlet could be successfully run on a single-handed basis, with staff if/ when needed. Current opening hours are 7.30am – 2.00pm, Monday – Friday. These hours could naturally be extended if desired. The existing menu includes a variety of hot & cold food and beverages. We consider that no specific previous catering training is required to operate this business – just a hard-working attitude and an ambition to take this business forward. Future trading potential would certainly include Saturday/Sunday/Evening opening, more tables outside on undercover area owned by Landlord not Town Council, room to extend the scope of outside catering/buffet contracts, introducing UBER EAT, JUST EAT deliveries etc.
Trading Information
Information on current trading levels will be provided to genuinely interested parties.
The Lease
The premises are held on a lease dated 5 November 2009 for a term of 21 years. The tenant is responsible only for internal repairs and decoration and the annual rent is currently competitively set to £5,820 per annum. A copy of the lease is available for inspection.
Viewing
No direct approach is to be made to the business. For an appointment to view please contact Dean Warmington on 01271 378731 or 07971 830881
Email [email protected]
FINANCE
An early discussion about financing business purchase can often save time and disappointment. Please call us and we will put you in touch with independent specialist advisors who can provide general and without prejudice advice.
Important Notice
These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract. Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only.
Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations, or other consent has been obtained. These matters must be verified by an intending purchaser.
Accomodation Comprises
| Imperial | Metric | Sq Ft | m² |
|---|
Business rates
| Rateable value: | £4,350 |
| Rates payable for 2023/24: | £0 (approx) |
Under the Small Business Rates Relief Scheme, no business rates will most probably be payable currently. Ask us for details of this scheme.
Tenure
Viewing
For an appointment to view please contact:
| Dean Warmington | |
|---|---|
| Tel: | 01271 378731 |
| Email: | [email protected] |
| Mobile: | 07971830881 |
Property reference number
| Reference: | UW909 |
Important notice
These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract.
Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property.
The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only.
Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations or other consent has been obtained. These matters must be verified by an intending tenant.