Restaurant for sale
Property description & features
- Tenure: Freehold
- Town centre retail premises
- Ideal for a variety of uses, subject to any necessary planning consent
- Retail space circa 400 sq ft
- Kitchen plus store room of 215 sq ft
- Staff cloakroom
- Available with vacant possession
- Would suit an owner/occupier or investor
Within level walking distance of all town centre amenities in a street that faces the main vehicular traffic flow into the centre from the West, therefore being set in a convenient location.
The premises are opposite the junction of Friday Street and Quirk Street. Minehead is often referred to as the 'Gateway to Exmoor National Park' and has a population of about 14,000 which is boosted throughout the year with the influx of tourists who enjoy the beaches and staying at Butlin's Holiday Resort.
Nearby traders include an electrical shop, antique shop, hairdressers, fitted kitchen retailer and a toy/games retailer etc.
THE PREMISES
A ground floor double fronted shop premises offering about 400 sq ft of retail space plus access to a rear yard with two store rooms and a staff cloakroom.
The property is ideal for a variety of retail uses or even offices, subject to any necessary planning consent.
THE PROPOSAL
For sale with vacant possession the shop is ideal for an owner/occupier or investor.
In recent years it was a mobile phone shop and commanded a rent of around £8,400 per annum.
From Webbers Minehead office turn left heading along Friday Street and the premises are about 100 yards along on the same side of the street.
Rooms
Ground Floor
Retail Space 5.03m x 3.96m
Further Retail Area 4.01m x 3.15m
WC
Store Rooms
Yard
SERVICES
Mains electricity, water and drainage. No gas. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£7,900 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
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*DISCLAIMER
Property reference COM240029. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers - Minehead.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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