Cafe for sale
Features and description
- Investment property
- Established tenant
- Attractive, stone-built property
- Central Holmfirth
A RARE OPPORTUNITY ARISES TO PURCHASE A FANTASTIC COMMERCIAL INVESTMENT IN THE CENTRE OF HOLMFIRTH. ROTCHER HOUSE IS THE CURRENT HOME TO OSCARS WINE BAR, AN ESTABLISHED HOLMFIRTH INSTITUTION, OFFERING THE PURCHASER A SECURE INVESTMENT WITHIN AN ATTRACTIVE TWO STOREY, STONE BUILT, TOWN CENTRE PROPERTY.
LOCATION
The property is situated on the corner of Rotcher Road, Victoria Street and Hollowgate in the centre of Holmfirth. It offers a prominent location with nearby retailers including Sainsburys, Age UK, Lou & Joes Burger Co, Picturedrome and Magic rock Tap. There is high level of footfall and passing traffic and set in a strategic position in the centre of the town.
PROPERTY
A two storey stone built property which is accessed off Rotcher Road. At ground floor level there is a good size bar area and raised seating area. There is a cloakroom area and two WCs, and accessed off the bar area is a good size kitchen, two stores and a staff WC. At first floor level there is a large open plan seating area and a further raised seating area. The property is in excellent condition and is fitted out to a high standard. It has a gross internal area of 1,281 sq ft (119.01 sq m).
LEASE
The property is let on a Full Repairing and Insuring lease from 18th October 2021 for 10 years at a current passing rent of £22,000 per annum. There is a rent review due on 19th October 2027. The Tenant has an option to break om 18th October 2026 subject to 6 month notice.
BUSINESS RATES
The tenant is responsible for payment of the business rates. The Tenant has responsibility for their own utility bills.
LEGAL FEES
Each party is responsible for their own legal fees incurred in the transaction.
VAT
VAT is not applicable on the sale price.
VIEWINGS
Strictly by appointment only.
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