Commercial Retail

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Ref. 102 NEW - Quadrant Gate Coffee House, 23 Nelson Street, Swansea, SA1 3QE

For Sale £ 60,000 For Sale
Swansea City Centre  SA1 3QE Retail Commercial Commercial Department » Print this page

Location

This substantial premises is situated on Nelson Street, within the City Centre of Swansea. Popular with local occupiers, the street itself offers a diverse shopping experience with neighbours including salons, other cafés, dress shops, and accessory shops.

Description

This A3 premises comprises an open plan seating area to the ground floor with service area, ice cream service area, kitchen, pot wash, and accessible WC facilities.

The first floor comprises a private seating area with further WC facilities, office, staff room, and ancillary stores.

Externally, the premises benefits from an enclosed terrace suitable as a smoking area and offers outdoor seating.

The premises can accommodate a maximum figure of between 85-90 covers.

The premises benefits from all fixtures and fittings that would regularly be found in a café of this nature including a fully fitted commercial kitchen, various fridges and freezers, and an EPOS system.

Services

We understand that the premises benefits from mains water and electric utilities.

The Business

The business itself has been operating for a number of years successfully and operates Monday – Saturday between 8:00 and 18:00. There are avenues to extend these opening hours and offer alcohol. The business’ accounts are available to seriously interested parties only. We recommend interested parties view the business’ website at: http://www.quadrantcoffeehouse.co.uk

Rateable Value

We understand the commercial element of the premises has a rateable value of £25,250 (2018). Interested parties are advised to discuss the rates payable with the business rates department at the local authority.

Tenure

Our clients business is available to purchase at an asking price of £60,000 (Sixty Thousand Pounds) to include all goodwill within the business and all fixtures and fittings. We advise that the premises is available by way of lease assignment at a rent of £25,000 pax (Twenty Five Thousand Pounds). Interested parties are advised to seek legal advice in respect of lease assignments.

Viewing

To arrange a viewing, please speak to the sole selling agent Dawsons. Under no circumstances is any approach to be made to the occupier.

Andrew Cox
01792 478 907
andrew.cox@dawsonsproperty.co.uk

Matthew Mason
01792 478 908
matthew.mason@dawsonsproperty.co.uk