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Full Details

350,000

The Wharf, Newark

Features

  • Thriving Riverside Cafe
  • Prime Location & Views
  • Studio & Room To Expand
  • Contemporary Open Plan Living Accommodation
  • Substantial Turnover
  • Retirement Sale

Floorplan

Description

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A thriving riverside cafe and licensed premises situated on the town wharf and the very popular riverside area. The business established now for just over two years has experienced rapid growth based on quality food and wines appealing to an established local market and tourist trade. The cafe area provides folding doors and river views. There is studio accommodation which has been expanded. The first floor provides a luxurious open plan owners apartment comprising a sitting room 'loft', bedroom, kitchen and garden terrace.
Turnover is on target for £90,000 for the second year end. The property is offered to include the freehold, goodwill fixtures and fittings.

The property provides the following accommodation:

GROUND FLOOR

CAFE AREA 35'6" x 12'0"
With folding doors and windows providing a pleasant aspect of the wharf, Trent bridge and riverside. Central heating radiators.

Total new area: 34.719 sq.m.

OFFICE 11'6" x 11'
Average measurements.

STORE ROOM 7'7" x 6'10"
With partition wall to the cafe area.

STUDIO 25'5" x 16'11" maximum narrowing to 10'9"
With central heating radiators.

LOBBY/WC
With basin and radiator.

WET ROOM
With fully tiled walls and rain shower.

BOILER ROOM 13'5" x 6'5"
With recently installed gas fired central heating boiler.

FIRST FLOOR
A wide and easy staircase leads to a first floor landing.

SITTING ROOM 'LOFT' 33' x 28'6"
Overall measurements reducing to approximately 19ft in width. Suspended ceiling, five radiators, views of the river to the front and bi-folding doors to the garden terrace.

KITCHEN 10'7" x 9'9"
Average measurements. With base units, wall cupboards, working surfaces incorporating a stainless steel sink unit. Radiator.

BEDROOM 13'6" x 9'5"
With views of the Trent side. Radiator.

CLOAKROOM
With low suite wc and basin.

GARDEN TERRACE
With decking area and surrounds.

SERVICES
Mains water, electricity, gas and drainage are all connected to the property.

TENURE
The property is freehold.

RATEABLE VALUE
The current rateable value is £4,550 subject to review.

SMALL BUSINESS RATE RELIEF
Currently applies.

VAT
The property is currently registered for VAT purposes. VAT will be added to the purchase price of the property.

POSSESSION
Vacant possession will be given on completion.

BUSINESS GOODWILL
Business goodwill fixtures and fittings may be included subject to negotiation. Stock in trade will be at valuation.

VIEWING
Strictly by appointment with the selling agents.

Viewing
Please contact our Newark Office on 01636 611811 if you wish to arrange a viewing appointment for this property or require further information.

Disclaimer
Richard Watkinson endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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