High Street, Prestatyn

Property Details

LOCATION
Prestatyn is a popular seaside resort and holiday destination located via the A548 Coast Road providing easy access to surrounding towns, Chester and beyond. The town centre has traditional independent shops that now stand side by side with a modern retail park that boasts major retailers such as Marks and Spencer, Tesco, Next and many more.

DESCRIPTION
• Leasehold Sandwich Shop and Hot Roast Carvery Business For Sale £67,500
• Healthy net profit
• Excellent Trip advisor and Google reviews
• Additional scope to offer delivery and outside catering
• Thriving all year round trade
• High Street position with car parking close by
• Rent of £8500.00 + VAT per annum
• Assignment of current lease or new lease terms available

We are delighted to offer For Sale this Leasehold Sandwich Shop and Hot Roast Carvery Business situated in a prominent position. Having successfully operated the business for over 16 years, our client is bringing this excellent business to the market due to retirement. Located at the bottom of the High Street and a short walk from Prestatyn’s retail park, train station and promenade the area creates a high daily footfall and significant passing trade.

The business is well established and well known in the local community having built up a loyal and regular customer base and enjoys a healthy net profit. The premise is well presented having recently been redecorated and the sale includes an extensive inventory of fixtures, fittings and appliances. The business has successfully continued to operate during lockdown and there is an opportunity for a new owner to increase takings by way of longer opening hours, delivery service and outside catering.

Financial information available subject to prior viewing

SERVICES
Current Opening hours (offers additional scope to develop turnover further)
Monday – Saturday – 8.30am to 3.00pm
Sunday – 9.00am – 2pm

RATEABLE VALUE
£8,200 (Current rating list) Subject to small Business rate relief – currently zero rates payable

ACCOMMODATION
The premise, with a window seating area, provides a large service counter including cold display chiller, hot carvery area, bain-marie, veg preparation machine, coffee machine, fridge and freezer, 2 fan assisted ovens, hob, panini maker, stainless steel preparation area, drinks fridge and other fixtures and fittings.

Main Sales area : 9.11m x 4.00m (28’88” x 13’12”)
Store cupboard
WC : 2.14m x 0.89m (7’02” x 2’91”)

Mains electric, water and drainage are believed available or connected to the property. All services and appliances not tested by the selling agent.

TERMS
Current lease expires December 2026 however the Landlord has expressed that they would be prepared to grant a new Lease to the right Tenant. Buyer will need to meet the landlords referencing criteria and legal costs before assigning the Lease or signing a new lease. Current rent is £8500 plus VAT per annum.

VAT
Rent is subject to VAT.

VIEWING
Prior appointment only by contacting PETER LARGE on 01745 888100