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33 Lower Green Road

Guide Price
£24,950

Business rates & charges may apply

Hose Rhodes Dickson, Newport
SIZE

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SECTOR

Restaurant for sale

Description

LOCATION
Located in St Helens, a lovely village to the East of the Island with easy access to the larger village of Bembridge and the nearby towns of Ryde and Sandown.

St Helens offers amenities such as a convenience store, post office and doctors´ surgery. Opposite the cafe is a large village green hosting various events throughout the spring and summer months.

DESCRIPTION
Offered for sale is this well-presented cafe / delicatessen business situated in the heart of the village.

Since the current owners acquired the business in 2019, they had traded as a restaurant. However, from the beginning of 2022 they decided to explore a different route and open as a cafe / deli which has proven extremely popular.

There is potential for 40 covers, with an extra 6 to the front of The Green, a deli area, bar area, customer WC's and a spacious commercial kitchen.

To the rear of the property is a store with a dry store, further walk-in freezer, wine cellar and staff area. A single garage plus off-road parking for one vehicle is also included in the lease.

The whole premises has undergone a stylish makeover, providing a clean and cosy atmosphere for customers.

The Business
The owners trade between the hours of 9am-4pm Wednesday to Sunday, with occasional pop-up nights and private parties throughout the year.

There is certainly potential for somebody to expand the business, explore another route, or use the building for something entirely different.

All fixtures and fittings will be included in the sale. A full inventory can be provided upon request.

Accounts can be shown once a viewing has been undertaken and a non-disclosure agreement has been signed.

SERVICES
The property benefits from gas, electricity water and drainage.

EPC: C

TERMS
Our client is asking guide price £24,950 for the business, fixtures, fittings and goodwill plus stock at valuation.

The business will benefit from a new lease upon completion with a rent of £12,000 per annum. Full terms to be negotiated.

The freehold of the property is also available to purchase subject to separate negotiation.

OUTGOINGS
The VOA shows a ratable value of £6,300, rates payable approximately £3,020 per annum without any applicable rates relief.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact us on .

Brochures

33 Lower Green Road

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brading Station1.9 miles
  • Smallbrook Junction Station2.2 miles
  • Ryde St. Johns Road Station2.8 miles

About Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

Hose Rhodes Dickson, Newport

Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.

The company has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delivered by h

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Notes

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Disclaimer - Property reference 101276041782. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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