£15,000
Restaurant for sale
Eastborough, Scarborough YO11Retirement
Leasehold
Key information
Tenure
Leasehold (2 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
GLS Properties
About this property
Established Cafe Business
Fully equipped
Close to Town Centre and South Bay
GLS Properties are delighted to be able to offer this great opportunity to acquire Cafe On The Corner, a well established fully equipped and popular Cafe business on Eastborough, Scarborough which is close to both the town centre and the South bay beach. The business is being sold due to the owners retirement and benefits from excellent footfall and a regular clientele of locals and holiday makers. The business currently opens from 9-5pm 7 days a week in the summer months and 9am-2pm Monday -Saturday in the winter.
Cafe
The cafe area has 37 covers with an open plan serving area with Coffee machine, hot water boiler, counter fridge, 2 x under counter freezers, under counter fridge, milkshake mixer
Kitchen
Fully equipped Kitchen includes 2 x double fryers, griddle, induction hob, dishwasher, 4 pot bain marie, 2 pot bain marie, several microwaves, 2 fridges, freezer
Basement
4 x Chest freezers, tall freestanding freezer, tall freestanding fridge, additional fridge freezer.
In addition there is access to a toilet on the first floor for customer use.
Tenure
There is currently a 6 year lease in place which expires 21st August 2026. The current annual rent is £8400 per annum on Full Repairing and Insuring terms.
Viewing
Strictly by appointment from GLS Properties Ltd.
Stamp duty calculator
We've updated our calculator to take into account the stamp duty cut announced by the chancellor on 23 September 2022. Read more stamp duty news and how stamp duty works
More information
Listed by
GLS Properties