This property is no longer on the market
Retail property (high street)
Property description & features
- Tenure: Freehold
- Thriving Coffee/Sandwich Bar
- Energy Rating D (Top Flat)
- Energy Rating E (Cafe)
- Mixed Commercial & Residential Use
- Two Large Seating Areas with 30 Covers Internally and 12 Covers Externally
- Large Two Bedroom Duplex Apartment
- Situated in the Heart of Melton Mowbray
- Business Turnover £215,555
- Detached Freehold Opportunity
- Superbly Maintained and upgraded
Rooms
Accommodation
The property is entered via a part glazed door into the coffee shop/sandwich bar.
Coffee Shop/Sandwich Bar 32' 5" x 16' 9"
Having a large glazed shop frontage, with a large glazed window to each side of the entrance door, there are two external electronically operated awnings above each window for shade in summer months. Within the cafe are four ceiling fans together with air conditioning units to both to customer seating areas and kitchen areas, exposed oak flooring and four radiators which runs off a recently replaced Worcester Bosch boiler.
Serving Area
Fitted with a range of base units together with circular stainless steel sink and taps inset within a range of Corian style work surfacing with space for numerous under-counter fridges, a large cake fridge and integrated bins. Oak staircase leading up to:-
Top Kitchen/Preparation Area 12' 6" x 14' 4"
An extensive range of stainless steel fitted units, worktops and splashbacks to the walls. Two large stainless steel sinks and two further hand wash sinks, gas hob, built-in salad chiller, fridges, oven and a range of further appliances (Full list of fittings and appliances to be included in the sale annexed hereto). Recently fitted Worcester Bosch boiler, double glazed sky light, recessed spotlighting to ceiling and tiled floor. Door off into:-
Lobby Area
Having doors into useful storage cupboard and pantry store, tiled flooring and doors off to two separate customer/staff toilets.
Toilets
Both fitted with a white two piece suite comprising wall mounted wash hand basin and low flush WC, partial wall tiling, radiator, tiled flooring, extractor fan and wall mounted fitted cupboard.
Pantry/Store
Having a range of fitted shelving, concealed spotlights, double glazed sky light, tiled flooring and side access to external passage.
Apartment (8a Park Road)
A timber panelled gate provides access to a first floor apartment (the access is owned by Off the Beaten Path with Apartment 8a having a pedestrian right of way).
First Floor Hallway
Having uPVC double glazed window to rear elevation, door into storage space, return staircase to a second floor bedroom. Doors off to:
Open Plan Living/Dining/Kitchen 32' 1" x 11' 0"
Living Area
Having double glazed window to front elevation, concealed spotlights to ceiling, radiator, telephone point and opening into:-
Dining Kitchen
Fitted with a comprehensive range of contemporary high gloss white base and wall mounted units, to include a large central island with space for stools beneath. Integrated appliances to include Samsung four ring halogen hob with extractor fan over, fan assisted oven, Beko fridge and freezer. Complementary tiling to the walls, spotlights to the ceiling, two radiators, double glazed window to the front elevation together with uPVC double glazed window to rear.
Bedroom 10' 9" x 10' 8"
A large double bedroom accessed via an oak door from the sitting room area with uPVC double glazed window to rear elevation, spotlights to the ceiling and radiator.
Shower Room 10' 8" x 5' 11"
Fitted with a white three piece suite comprising fully tiled twin shower cubicle with drench shower head, wall mounted wash hand basin and low flush WC. Full height tiling to all walls, chrome ladder style heated towel rail, high gloss unit housing the gas combination boiler, exposed oak flooring and uPVC double glazed window to rear elevation.
Second Floor
Approached by a feature contemporary staircase from the first floor landing.
Bedroom One 9' 9" x 19' 7"
Accessed directly from the staircase, there is a double glazed skylight, radiator, spotlights to the ceiling, smoke alarm and door into insulated roof space.
Services
We understand that the property has the benefit of connection to services including gas, electricity and water. The property has a rateable value of £8,340 per annum, however the current business has the benefit of a small business rate relief.
General Information
The quoted Guide Price of £365,000 is for the Freehold interest in the building to include the ground floor cafe and first and second floor duplex apartment, the goodwill of the business and fixtures and fittings throughout the cafe. An inventory of the fixtures and fittings and equipment can be made available upon request.
The annual turnover of the business in 2022-23 was £215,555 with an additional £8,340 per annum from the apartment rental which is let on an AST.
Current hours of business are Monday – Thursday 8.30am – 3pm and Saturday 8.30am - 3pm.
The business currently employs three part time employees and four Saturday/holiday staff only employees.
Stock is in addition to the asking price and is usually in the region of £2,500.
Agents Note
Three years accounts are available on request.
Extra Information
To check Internet and Mobile Availability please use the following link:
checker.ofcom.org.uk/en-gb/broadband-coverage
To check Flood Risk please use the following link:
check-long-term-flood-risk.service.gov.uk/postcode
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Energy Performance data and Internal floor area
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