This thriving Coffee Shop /Bistro is located on the edge of the Cathedral Quarter in Belfast City Centre, within a very busy retail and office area. It is situated on Royal Avenue adjacent to the junction with North Street. It is in close proximity to Castle Court Shopping Centre and the expanded University of Ulster Campus at York Street. The footfall will rapidly grow with this development, with over 16,000 students. Neighbouring occupiers include Belfast Central Library, CS Supplies, The Money Shop and Dawsons Music.
The subject unit is a prominent Coffee Shop with extensive seating areas. It has a full height glazed shop front which lets in plenty of natural light, along with electric roller shutter. It is fitted to an excellent standard to include solid floor overlaid with laminate wood and vinyl tiles, exposed and painted brickwork, feature lighting and low voltage recessed lighting, exposed and painted feature columns plus disabled access WC to the rear. Seating for approx 32 covers at ground floor level, mezzanine seating for approx 16 covers and outside seating with 4 tables. There is additional accommodation on the first floor providing Offices and Storage.
This is an excellent chance for the right person or company looking to invest in a well established and thriving business in a prime city centre location, offering an immediate walk in trading opportunity. There is also excellent potential for expansion and possible rebranding /franchising.
Accounts: Available to genuinely interested parties and once proof of funding established.
Coffee Shop c.846 sq.ft. (78 sq.m.) Kitchen Area c.63 sq.ft. (5.9 sq.m.) Mezzanine Seating c.275 sq.ft. (27 sq.m.) Plus WC
Offices c.462 sq.ft. (44 sq.m.)
Total Accommodation c.1,583 sq.ft. (149 sq.m.)
Rent: £18,000 pa
Term: 6 Year lease from 1st February 2018
Repairs / Insurance: Full internal repairing and insuring basis including shop front.
Service Charge: Levied to cover landlords reasonable costs in maintaining the common areas and exterior of the building.
TUPE: The coffee shop is offered for sale and the purchase will be required to comply with the current TUPE legislation and employment.
FIXTURES AND FITTINGS: Full inventory available upon request.
RATEABLE VALUE: Ground Floor Café NAV TBC First Floor Offices NAV TBC
VAT: All rents quoted are exclusive of VAT, which may be chargeable.
JOINT AGENT: Northern Property Contact: Tony Donnelly / Martin Lavery 028 9032 4555
Status: For Sale
Stamp Duty: £0*
* Stamp duty rates provided as a guide only. Additional charges may apply. Please refer to the tax service's website for more information.