LOCALITY

Shepton Mallet is a market town located within the Mendip Hills. Other nearby towns include Wells, Street and Frome and it's close to the major cities of Bath and Bristol. Shepton Mallet is the administrative centre of Mendip District with a population of over 8,500. Central Shepton Mallet contains a variety of retailers from independent traders to national chains.

GOING CONCERN

An ideal opportunity for an owner/operator to take on a fully equipped and operational cafe either as a Pickwicks franchisee or as a proprietor. The premises have been tastefully and imaginatively fitted out and a new operator could be trading within a short time with little additional outlay.
The equipment is available to purchase or on lease for a term of 3 years.

FRONT SALES/SERVERY 5.11m(16'9'') min x 4.19m(13'9'') min

25.5m2 (274sqft) Attractive shopfront with frontages to High Street and Market Place and a splayed double door opening into the front sales area. Counter with fridges, dishwasher, coffee/cappucinno machine (La Spaziale S3), microwave, toaster, soup urn and display stands (Full equipment inventory available upon request). Vinyl Floor, Pendant lights, emergency lighting, smoke detector. Rear counter incorporates 2 inset stainless steel sink units and plumbing for dishwasher. Sofas and tables and breakfast bar with stools.
Door providing access to WC and opening into further seating area.

REAR SEATING AREA 7.20m(23'7'') x 3.08m(10'1'')

16.8m2 (180 sqft) Door from Market Place but also accessible from front sales area. Stairs to Basement seating area. 3 no. pendant lights. Creda wall mounted electic heater. Vinyl flooring. Selection of sofas and tables and chairs.

WC

Staff customer toilet to full DDA compliant specification with grab handles etc, low level WC and wash hand basin. Vinyl flooring. Mechanical ventilation and PIR activated lighting.

BASEMENT SEATING AREA 6.30m(20'8'') max x 4.24m(13'11'') max

21m2 (227 sqft) Attractively decorated seating area with carpeted flooring and recessed spotlights. Mechanical ventilation. Wall mounted Creda electric heater. Selection of tables, chairs and easy chairs/sofas.

STORAGE AREA 1 0.88m(2'11'') x 2.03m(6'8'')

Accessed from seating area. Quarry tiled floor.

STORAGE AREA 2 3.25m(10'8'') x 4.48m(14'8'')

Flag stone flooring. Flourescent strip lighting. Mechanical ventilation. Power, water and drainage.

TERMS

Available by way of an assignment of an existing FRI lease at current passing rental of £8,000pa annum exclusive for a term that expires in January 2016. There are rent reviews on 1 Feb 2009, 2012 and 2015.
The Equipment and furniture is available to purchase at a cost of £20,000 + VAT or alternatively can be amortised over the first 3 years of the lease at an annual cost of £7000 pa (£583 per calendar month).


FIXTURES AND FITTINGS

A comprehensive inventory of equipment is available upon request. All fixtures and fittings are specifically excluded unless mentioned in these particulars. No tests have been carried out on any appliances or services at the premises and neither the vendors or their agents give any warranty as to their condition. Prospective occupiers should make their own investigations.

RATES

Based on an interrogation of the Valuation Office website we are advised that the property has an aggregate rateable value of £5700 but recommend that all interested parties make their own enquiries.

ENERGY PERFORMANCE

An energy performance certificate exists for this property and is available for inspection upon request.

LEGAL COSTS

Each Party to bear their own

VAT

Any reference to price, premium or rent is deemed to be exclusive of VAT unless expressly stated otherwise. Any offers receive will be assumed to be net of VAT unless stated otherwise.

VIEWING ARRANGEMENTS

By appointment with the Sole Agents Tel 01749 676023 or paul@paul-knight.co.uk

Please note that nothing in these particulars constitute part or all of any contract, and no contract will exist, or be deemed to exist until formal documentation in writing has been completed by both parties and approved by our clients solicitor.
Prospective tenants must satisfy themselves as to the accuracy of any details given to them either verbally, or within this, or any other document provided; and neither the Owners, nor their Agents, shall be liable for any inaccuracies.