icons_size_white icons_size
The UK's leading real estate marketplace
For Sale£105,000.00
For Rent£2,577.00 Per Annum

Strollers Cafe Esplanade Sandown

Restaurant/Cafes , 161 Sq Ft
Property type: Restaurant/Cafes
Tenure: Business for sale, To Let
Size: 161 Sq Ft
Price: £105,000.00
Rent: £2,577.00 Per Annum
Location: Strollers Cafe, Esplanade, Sandown, PO36 8JS
Fantastic seafront business for sale.
Situated on the revetment at Sandown Esplanade this property is a 5 minute walk from Sandown Pier. Sandown is an extremely popular tourist destination and offers fantastic beaches stretching from Sandown and Yaverland to Lake and Shanklin. There is potential for the site to extend the season and offer food and drinks during the colder seasons.
The property has recently been refurbished and is in a very good condition throughout. A new roof was fitted in May 2017 as well as the electric suppy being upgraded to "3 Phase" incorporating a commercial distribution board and new plumbing throughout.

This licensed property benefits from a serving/preparation area of 15 sq m (161 sq ft) with floor standing kitchen units with work surfaces over, fridges, 1 heated, holding display cabinet, counter top salad prep bar, slush machine and ice cream hatch plus dishwashing area with dishwasher and sink. There is a separate kitchen approximately 7 sq m (75 sq ft) with commercial griddle, new "Smeg" commercial convection oven, two fryers, microwaves and extraction. A full inventory can be supplied upon request.

The property currently offers outside seating with around 70 covers on the revetment to the front and patio area to the side. There is a new galvanised steel wind break with Perspex panels also in place. The vendor of the business has advised they have contacted the local planning department to erect a covered area over the patio to cater for customers during the winter months, the planning department have advised they would consider this with the correct planning permission subject to application.

There is also a car parking space with the unit, these have to be accessed before 10am and after 6pm due to the pedestrians on the revetment. The vendor has also been advised that this could be used as a storage area if required.

NB Under section 21 of the Estate Agency Act Hose Rhodes Dickson are required to declare an interest in the property as the property is owned by a member of staffs family.
The property benefits from 3 phase electric and water.
Our client is asking for £114,950 for the business, fixtures, fittings plus stock at valuation. The premises is on the balance of a 35 year lease from 2017 at a rental of £2577 per annum.
Business Rates show a rateable value of £3000, using the current UBR the rates payable will be approximately £1,440 per annum not including any applicable business rates relief. The current owner pays no rates due to the property benefitting from small rates relief.
Off road parking space with the unit, accessible before 10am and after 6pm due to pedestrians on the revetment. This could be used as a storage area if required.
All viewings to be arranged via HRD Commercial, please contact 01983 527727.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
What do you think of our website?
Complete our survey and
you could win £1000
Start here