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Business for sale. Situated in the centre of Whitburn Village this ground floor retail unit trades as Tutti Fruitti ice cream parlour and cafe. An excellent business which has been greatly improved...
Business for sale. Situated in the centre of Whitburn Village this ground floor retail unit trades as Tutti Fruitti ice cream parlour and cafe. An excellent business which has been greatly improved by the current owner. The parlour has seating areas for people inside the property and on the pavement. There is great potential for further expansion of food and cafe uses. The business is sold with fixtures and fittings and goodwill.
LOCATION
Situated in a prominent position in the highly regarded village of Whitburn, conveniently placed for access to the sea front and the other excellent amenities of the village including local shops such as The Co op, Whitburn Coastal Flooring and a number of coffee bars serving the excellent residential areas in the immediate vicinity as well as Whitburn Academy which is situated a short distance away.
DESCRIPTION
The property comprises an attractive ground floor shop with a retail area with seating for customers together with a serving area with display counters and fridges and freezers as well as an outside pavement seating area (permitted by licence). To the rear is a kitchen and toilet area.
The business serves local customers and is particularly busy during the summer months. It is open 7 days a week but the owner feels there is great potential for further expansion of the business for private parties or other food diversification.
ACCOMMODATION
It comprises
Cafe seating area for approximately 22 customers
Sales Area 5.62m x 8.95m max (8.61m min) 49 sq m (527 sq ft)
Kitchen 3.32m x 2.51m 8.3sq m (90 sq ft)
Rear Lobby and Customer Toilet
AMENITIES
Tiled Floor
Pendant Lighting
Bench Seating
2 and a Half Bowl Sink To Kitchen
Stainless Steel work Surface
TERMS
The Business is for sale for £50,000 to include fittings and furniture and goodwill
The property is occupied under a FRI lease expiring in 2030. There is a break clause in favour of the tenant in 2028.
The passing rent is £8100 per annum with a rent review in 2028.
Accounts and a copy of the lease are available on request
OUTGOINGS
The current rateable value is £6400 Rates payable £2764. Under current business rate rules most occupiers are entitled to a Small Business Rates relief discount from these figures, with many occupiers paying no rates whatsoever. Interested parties should check with South Tyneside Council Business Rates Department prior to purchase/lease commencement.
VAT
No Vat is currently payable
LEGAL COSTS
The incoming purchaser must pay the landlords reasonable legal costs for assignment of the lease.
VIEWING
Strictly by appointment through sole agents. Please ask for Stephen Jones
Seaburn
1.6 miles
East Boldon
2.2 miles
St Peters
2.7 miles
Sunderland
3.1 miles
Brockley Whins
3.9 miles
Current Council Tax: ASK AGENT
Council Tax Band: ASK AGENT
Local Authority: ASK AGENT
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