The premises comprise a ground floor cafe with seating area plus a servery and food preparation area at one end. There is a flat above but that has been sold off on a long leasehold basis and is not included.
Location
Situated in a prominent position in the centre of Wadhurst High Street immediately adjacent to Jempsons supermarket. Other businesses in the vicinity include Wadhurst Opticians & Hearing Centre and Burnetts estate agents.
Accommodation
In more detail the premises are arranged as follows:
Corner entrance to:
Main area
Slightly irregular shape maximum dimensions
33’6’ x 20’6” (10.2m x 6.2m) 623 sq ft (57.9 sq m)
Tiled floor, inset spot & pendant lights, feature beams + Daikin air conditioning unit.
Within this area is a kitchen/servery/food preparation area, 6’3” x 19’9” (1.9mx 6.0m) - 123 sq ft (11.4 sq m)
From the main area there is a slight slope down to:
Further seating area
L-shaped, 9’ x 8’9” (2.7m x 2.7m) + 5’ x 1’3” (1.5m x 0.4m) 85 sq ft (7.9 sq m)
Total Overall Area 708 sq ft (65.8 sq m)
Door to:
Cloakroom with low level w.c., wall-mounted hand basin + extractor.
Terms
LEASE - The premises are currently held on a proportionately full repairing & insuring sub-lease expiring 16 May 2029. The Landlords have indicated that they are prepared to grant a new sub-lease to a suitable new occupier.
RENT - £16,907 per annum exclusive of rates.
RATES - Local Authority: Wealden SBR (24/25): 49.9p
Rateable value : £17,000
BUSINESS - The business has been established for over 4 years. Currently the only full time member of staff is the owner. There are various casual staff working on an ad hoc basis.
Current opening hours are 9am - 4pm, Monday - Saturday.
Turnover :
For the Year ended 31 Mar 2022 approx. £150,000
For the Year ended 31 Mar 2023 approx. £115,000
For the Year ended 31 Mar 2024 approx. £162,000
More detailed accounts can be made available to seriously
interested parties
An inventory of equipment to be included in the sale is also available upon request.
PRICE - Offers in the region of £40,000 to include the business, goodwill + fixtures & fittings.
VAT - Under the Finance Act 1989 VAT may be chargeable on the rental/price. It is recommended that a prospective tenant/purchaser should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.
SERVICES - The mention of any appliances and/or services in these details does not imply they are in full and efficient working order.
EPC - Energy performance certificate Band D (85).