The subjects comprise a ground floor hot-food takeaway premises, forming part of a larger two storey tenement building. The main walls are of stone construction, with a painted external finish to the front elevation, surmounted by a pitched and slated roof. The property has a full height uPVC casement, double-glazed display window under a back-lit fascia sign. The uPVC entrance door is off-set to the right. The internal accommodation extends to a kitchen and customer waiting area together with a staff toilet at the rear. The floors are of solid concrete construction with a tile finish throughout. The walls within the kitchen and customer waiting area are clad with stainless-steel panelling. Fitted base and wall mounted kitchen units have been installed together with a laminated worktop incorporating a stainless-steel sink and drainer. A freestanding display cabinet forms the point of sale. All of the kitchen equipment is electric and to a typical commercial grade, positioned under a stainless-steel extraction hood. The walls and ceiling within the toilet are lined and painted. Sanitary fittings are on modern lines and comprise a single WC and stainless-steel wash hand basin.
Location
Dumfries, with a population of around 37,500 is the largest town in Dumfries & Galloway and is therefore south west Scotland’s main shopping and administrative centre. The town lies approximately 75 miles south of Glasgow and 34 miles north west of Carlisle, occupying a strategic location at the intersection of the A75, A76 and A701 trunk roads. The A709 provides the shortest link to the M74 motorway at Lockerbie, which is some 12 miles distant. The property is situated within the waterfront area of Whitesands, which lies to the west of Dumfries High Street and includes one of the major roads through the town centre. The unit fronts a free public car park and is also within close proximity to a large bus stance and taxi rank. As a result, the business benefits from a high level of passing traffic and pedestrian footfall throughout the year, which is boosted in the summer months by visiting tourists and bus tours. Other surrounding commercial properties include hot-food takeaways, public houses, cafés, bar restaurants, retail units, salons and professional offices.
Accommodation
Ground Floor 14.94 sq m (161sq ft )
Terms
SERVICES Mains water, electricity and drainage.
TENANT & LEASE TERMS The property is currently let to a private individual on an FRI basis, until 10th August 2022. The passing rent is £XXX per annum. A copy of the lease documentation will be made available to genuinely interested parties.
THE BUSINESS The Waterfront Café has been in the same family for nearly 40 years, with management handed over to a tenant operator in 2015. The tenancy can be terminated by the owner at short notice, if required. Trade is generated from a dedicated regular customer base and passing visitors to the town, together with telephone and online collection orders. All of the equipment is owned outright and is to be included as part of the proposed sale. A full inventory is available on request. Further information on the business, including previous trading accounts, will be made available to genuinely interested parties
RATING ASSESSMENT RV - £XXX The property therefore qualifies for 100% rates relief under the Small Business Bonus Scheme.
VALUE ADDED TAX We are verbally advised that the property is not VAT elected.
LEGAL COSTS Each party will be responsible for their own legal expenses however, in the normal manner, the purchaser will be responsible for LBTT, registration dues and VAT where applicable.
ENERGY PERFORMANCE CERTIFICATE (EPC) Energy Performance Rating: Pending A copy of the EPC is available on request.
PRICE Purchase offers around £XXX are invited.
Specification
- LONG ESTABLISHED BUSINESS
- FULLY FITTED GROUND FLOOR UNIT
- LOCATED IN BUSY WATERFRONT AREA
- FRONTING PUBLIC CAR PARK
- QUALIFIES FOR 100% RATES RELIEF
- WELL SUITED FOR NEW OWNER OPERATOR
- POTENTIAL INVESTMENT OPPORTUNITY