Property description

Robert Luff & Co are delighted to offer this thriving investment opportunity consisting of a busy café with an outside seating area and separate two bedroom first floor flat with private entrance. 'Cappuccinos' café has been running successfully for 8 years in the heart of the busy Broadwater shopping parade benefiting from local custom and large footfall, the lease is being sold as a going concern and offers a great opportunity. New Lease available upon completion.

Shop Front: - 23' 5'' x 14' 2'' (7.14m x 4.32m)
Door into Cafe area with high visibility floor to ceiling windows with busy footfall daily, outside on the broadwater shopping parade, wooden flooring throughout, radiator, space for table and chairs, feature display counter with space for coffee machine, door out to garden, door into:

WC:
Wall mounted wash hand basin, low level flush WC, part tiled walls, spotlights.

Kitchen Area: - 12' 5'' x 8' 00'' (3.78m x 2.44m)
Double glazed window to side aspect, double stainless steel sink unit inset to roll top work surfaces with mixer tap, built in oven and 4 ring gas hob, stainless steel preparation and storage table, space for fridge and freezers, built in desk area

Separate WC
Frosted window to side aspect, low level flush WC, wall mounted wash hand basin, wall mounted combination boiler, part tiled walls.

Utility Room: - 10' 2'' x 8' 5'' (3.1m x 2.57m)
Frosted window to side and door to rear access, one and a half bowl stainless steel sink unit inset to roll top work surfaces with cupboard space below, built in dishwasher, fridge and freezer, door out to:

Store Room: - 9' 8'' x 5' 8'' (2.95m x 1.73m)
Chest freezer and shelving space.

Decked Seating Area:
Facing West totally enclosed with space for table and chairs giving the ability to seat 10-15 people.

Off Road Parking:
Three allocated parking spaces to the rear.

First Floor Flat:
Above the shop with its own private entrance and rear access, is a two bedroom flat with two double bedrooms, modern kitchen and bathroom and good size lounge. Tenant in situ, at £700.00 per calender month, in our opinion the rental value could be increased to £775.00 per calendar month.

Agents Notes:
* Full repairs and insuring lease.* New Lease Available * Rent: £15,400 per annum exclusive.* Buildings Insurance: £900.00 per annum.* The lease is being sold as a going concern and will include all fixtures and fittingsWe are advised the Freeholders are agreeable to sign a new lease up to 10 years

Property Features :

• Ideal Investment
• Includes 2 Bedroom FFF
• Busy Shopping Parade
• Run As Cafe
• Sold As Going Concern