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Commercial property for sale

£40,000 Guide price

Bella Ciao, St Nicholas Street, Scarborough YO11

Interested in this property? Call +44 1723 266866 * or

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Property features

  • Town centre A3 restaurant opportunity
  • Available by way of lease assignment
  • Premises come fully equipped & are ready to trade
  • Tastefully decorated with stunning external patio
  • All enquiries to cph commercial

Property description

+++ fully equipped town centre A3 restaurant opportunity! +++

Offered to the market is this stunning restaurant which only becomes available due to the owner's other business committments out of town. Available by way of lease assignment, this restuarant sits right in the heart of Scarborough's hotel district and presents a rare opportunity for a competent operator to run their own business. These fully licensed premises benefit from approximately 60 covers and has a well equipped commercial kitchen together with a stunning external seating area.

The restaurant has been tasefully fitted, currently offering Italian fare however, we feel it could suit a host of other food and beverage operators. Available with an ingoing of £40,000 (including all fixtures and fittings), we understand the rent is £5,335 per quarter (£21,340pa) and there is approximately 4 years left of the current 8 year lease. Priced to sell, this is a fantastic opportunity to be your own boss and run your own restaurant! All enquiries to cph Commercial.

Location:
Scarborough is an established commercial, tourist and retail centre, lying approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: Ons and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast attracting an estimated 7 million visitors a year. More precisely, the property occupies a highly prominent position on St Nicholas Street, in the heart of the hotel district and directly opposite the Town Hall. Major hotels within a 120 metre radius include:Premier Inn: (74 Rooms), Travelodge: (140 Rooms), The Grand Hotel: (411 Rooms), The Royal Hotel: (118 Rooms), Palm Court Hotel (40 Rooms)St Nicholas Street provides a nice blend of both national and local operators with Marks & Spencers being noted close by.

Description:
The premises comprise a spacious ground floor restaurant contained within a stunning Grade II Listed mid terrace building. The property is laid out as follows:

Front Dining Room / Bar - 20' 8'' x 27' 11'' (6.30m x 8.5m)

Ladies Toilets

Gents Toilets

Rear Dining Room: - 40' 0'' x 15' 9'' (12.2m x 4.8m)

Commercial Kitchen: - 24' 3'' x 13' 9'' (7.4m x 4.2m)

the lease:
A full copy of the lease will be made available to view to seriously interested parties who have viewed the premises.

Inventory:
A detailed inventory is currently being put together by the current leaseholder which is available to view on request.

Service charge:
The operator will be responsible for the payment of a fair proportion of the landlords expenses incurred in respect of the repair & maintenance of the exterior of the property, cleaning of common areas and management of the same. Further details are available on request from the agents.

Business rates:
2017 Rateable Value - 18,000

VAT:
VAT, if applicable, will be charged at the prevailing rate.

Viewing:
Via the sole selling agents:Cph Property Services19 St Thomas StreetScarboroughYO11 1DYJoe Walker mrics

details prepared:
Jw 01062017


Property info

Floorplan(s): Floorplan 1

View original

What Zoopla users think of Scarborough

Overall rating:

  • currently 4 stars
Very good - 78% (103 ratings)

Ratings breakdown:

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Nearby transport

  • Scarborough (0.3 miles)
  • Seamer (3.0 miles)
  • Filey (6.6 miles)
  • Durham Tees Valley Airport (44.4 miles)
  • Humberside Airport (49.0 miles)
  • Leeds Bradford International Airport (58.7 miles)
  • Hull Ferry Terminal (37.6 miles)
  • Transporter Bridge South Side (39.4 miles)
  • Transporter Bridge North Side (39.4 miles)

Nearby schools

View all schools in Scarborough
  • Friarage Community Primary School (0.2 miles)
  • Gladstone Road Primary School (0.6 miles)
  • Scarborough, Northstead Community Primary School (1.1 miles)
  • Scarborough University Technical College (0.9 miles)
  • Scarborough Sixth Form College (1.4 miles)
  • International Christian Language School for Functional English (16.7 miles)
  • Scarborough College (1.2 miles)
  • Springhead School (1.3 miles)
  • St Augustine's Roman Catholic School, Scarborough (1.3 miles)
Note: Distances are straight line measurements

Local info for Scarborough

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For more information about this property, please contact
CPH Property Commercial, YO11 on +44 1723 266866 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CPH Property Commercial, and do not constitute property particulars. Please contact CPH Property Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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