High Street, Epping, Essex, CM16

£59,950

Guide price

DESCRIPTION:

A pretty Licenced Cafe/Tea Rooms in the High Street of this affluent Essex market Town of Epping. Serving traditional English Breakfast from 8am-12 noon, lunch 12-2pm, afternoon Tea 2pm-4pm and evening snacks and meals 4pm-8.30pm. A small selection of beers and wines are available.

Property External alfresco seating for up to 15/20. Ground Floor total approx. 500 sq.ft. with seating for 24. Rear servery counter with cooking facilities behind, 2 group Espresso machine, cooker and grill with extraction canopy. WC and rear preparation area with cold storage, giving access to a small enclosed outside space having additional storage.

Location Epping is a market town and civil parish in the Epping Forest district of the County of Essex, and is located 3 miles northeast of Loughton, 5 miles south of Harlow and 11 miles northwest of Brentwood. Epping has many very old buildings, some of which are Grade I and II listed. The town also retains its weekly market which is held every Monday and dates back to 1253.

Hours 7am till 11.30pm.

Turnover Sales range from between £5,500 and £6,250 per month.

Premises Licence The Premises Licence permits the sale of alcohol from 11am till 11pm 7 days a week.

Tenure Leasehold. Granted for 12 years from 25th December 2009.

Rent £11,500 per annum, subject to one more review in 2019.

Business Rates The 2017 rating valuation describes the property as Shop and Premises with a value of £11,500. Being below the £12,000 threshold, qualifying occupiers will be able to claim 100% business rates relief.

EPC A copy of the EPC is available on request.

Legal Fees Each party is to be responsible for their own legal fees.

Arrange viewing 01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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