Strawberry Thatch Chine Avenue, Shanklin Old Village PO37 6AQ … · 2017. 4. 7. · Strawberry...
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Strawberry Thatch Chine Avenue, Shanklin Old Village PO37 6AQ 202913 CHARTERED SURVEYORS COMMERCIAL PROPERTY AGENTS RETAIL INDUSTRIAL OFFICE INVESTMENT BUSINESS TRANSFER DEVELOPMENT LAND MANAGEMENT RENT REVIEWS LEASE RENEWALS VALUATIONS ARBITRATION ACQUISITIONS EXPERT WITNESS HISTORIC BUILDINGS CONSULTANCY DIRECTORS NICK BUCKLE BSc(Hons) MRICS GAVIN CHAMBERS BA(Hons) GRANT HIGGS JAMIE WHITTLE BSc(Hons) PgDipSurv MRICS SHAUN WOOLFORD MBA BSc(Hons) Dip Proj Man MRICS REGISTERED OFFICE 62 High Street, Newport, Isle of Wight PO30 1BA Registered in England and Wales No. 6477562 Vat No. 928 0215 39 62 HIGH STREET NEWPORT ISLE OF WIGHT PO30 1BA TEL 01983 822555 ___________________ MERRITTS FARM WHITE HORSE LANE WATERLOOVILLE PO7 6QL TEL 02392 257224 ___________________ EMAIL [email protected] www.gullyhoward.com INVESTMENT SALE OF CAFÉ SHANKLIN OLD VILLAGE Character thatched cafe in an outstanding tourist location 12 covers internally and a further 57 covers to Patio and Gardens. Site runs to 336m² (3,616 ft²) Current Rent £7,000 p.a. on a 10 year lease from March 2013 For Sale with offers invited "in the region of" £110,000 for the freehold interest subject to the existing tenancy LOCATION Arguably one of the best positioned cafés available, the premises are situated opposite the main car-park for the Old Village and on the corner of High Street and Chine Avenue. The premises undoubtedly benefit from a high seasonal footfall from tourists wishing to enjoy the attractions of this highly popular location and nearby Shanklin Chine. Trading as the Strawberry Thatch, the business abuts the popular Crab Inn pub/restaurant. Shanklin is the senior town on the Island's south coast above Sandown Bay with its famous sandy beaches, offering safe bathing, a wide range of tourist entertainment, places of interest and shopping. DESCRIPTION Strawberry Thatch is arranged with the kitchen/servery to the front and a covered area for ice-cream sales which also allows for covers during winter trading if required. The main internal seating area is laid to cater for 12. An area of hardstanding and lawn is enclosed by picket fencing with the site area running to 336m² (3,616 ft²). The hard standing to the front also allows for parking for one vehicle. THE LEASE A 10 year lease from 27th March 2013 with the current rent payable £7,000 per annum. Next Rent Review March 2017. TERMS For Sale with offers invited "in the region of" £110,000 for the freehold interest, subject to the existing tenancy. VIEWING Strictly by appointment with sole agents Gully Howard Commercial Property. Contact Gavin Chambers or Jane Bauldry on 01983 301 434, Suite 12 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. E: [email protected] or [email protected] Under no circumstances should ANY approach be made to tenants at the property as they will be UNABLE to assist you.
Transcript of Strawberry Thatch Chine Avenue, Shanklin Old Village PO37 6AQ … · 2017. 4. 7. · Strawberry...
Strawberry ThatchChine Avenue, Shanklin Old Village PO37 6AQ 202913
CHARTERED SURVEYORSCOMMERCIAL PROPERTY AGENTS
RETAIL
INDUSTRIAL
OFFICE
INVESTMENT
BUSINESS TRANSFER
DEVELOPMENT LAND
MANAGEMENT
RENT REVIEWS
LEASE RENEWALS
VALUATIONS
ARBITRATION
ACQUISITIONS
EXPERT WITNESS
HISTORIC BUILDINGS
CONSULTANCY
DIRECTORS
NICK BUCKLE BSc(Hons) MRICS
GAVIN CHAMBERS BA(Hons)
GRANT HIGGS
JAMIE WHITTLE BSc(Hons) PgDipSurv MRICS
SHAUN WOOLFORD MBA BSc(Hons) Dip Proj Man MRICS
REGISTERED OFFICE
62 High Street, Newport, Isle of Wight PO30 1BA
Registered in England and Wales No. 6477562
Vat No. 928 0215 39
62 HIGH STREET NEWPORTISLE OF WIGHT PO30 1BA
TEL 01983 822555___________________
MERRITTS FARM
WHITE HORSE LANE
WATERLOOVILLE PO7 6QL
TEL 02392 257224___________________
EMAIL [email protected]
www.gullyhoward.com
INVESTMENT SALE OF CAFÉ SHANKLIN OLD VILLAGE
Character thatched cafe in an outstanding touristlocation
12 covers internally and a further 57 covers toPatio and Gardens. Site runs to 336m² (3,616 ft²)
Current Rent £7,000 p.a. on a 10 year lease from March 2013
For Sale with offers invited "in the region of" £110,000 for the freehold interest subject to theexisting tenancy
LOCATIONArguably one of the best positioned cafés available, the premises are situated opposite the maincar-park for the Old Village and on the corner of High Street and Chine Avenue. The premisesundoubtedly benefit from a high seasonal footfall from tourists wishing to enjoy the attractions of thishighly popular location and nearby Shanklin Chine. Trading as the Strawberry Thatch, the businessabuts the popular Crab Inn pub/restaurant. Shanklin is the senior town on the Island's south coastabove Sandown Bay with its famous sandy beaches, offering safe bathing, a wide range of touristentertainment, places of interest and shopping.DESCRIPTIONStrawberry Thatch is arranged with the kitchen/servery to the front and a covered area for ice-creamsales which also allows for covers during winter trading if required. The main internal seating area islaid to cater for 12. An area of hardstanding and lawn is enclosed by picket fencing with the site arearunning to 336m² (3,616 ft²). The hard standing to the front also allows for parking for one vehicle.THE LEASEA 10 year lease from 27th March 2013 with the current rent payable £7,000 per annum. Next RentReview March 2017.TERMSFor Sale with offers invited "in the region of" £110,000 for the freehold interest, subject to the existingtenancy.VIEWINGStrictly by appointment with sole agents Gully Howard Commercial Property. Contact GavinChambers or Jane Bauldry on 01983 301 434, Suite 12 Salisbury Gardens, Dudley Road, VentnorPO38 1EJ. E: [email protected] or [email protected] no circumstances should ANY approach be made to tenants at the property as they will beUNABLE to assist you.
UNIFORM BUSINESS RATE
Rateable Value - £5,400(2016/2017) � £0.497 without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council with regard to any rate liability or rate concession that maybe applicable by telephoning 01983 821 000.
Whilst these particulars are believed to be correct neither the agent nor the clients guarantee accuracy nor are they intended to form part of any contract. We have not carried out any survey. All offers are subject to formal contract. Interested parties must satisfy themselves independently as to VAT in respectof any transaction. Gully Howard Chartered Surveyors and staff are not able to give any warranty or representation in connection with this property andhave not tested any plant, purchasers must satisfy themselves as to its condition. Plans are shown not to scale and for identification only, dimensions areapproximate and location plans may not show all current occupiers.
