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Madeira 38 Simeon St 538 sq ft Retail Property Ryde PO33 1JQ For Sale
INVESTMENT HIGHLIGHTS
- Prominent Business Location
- Corner Position
- Solid Transport Links
EXECUTIVE SUMMARY
Offered for sale is Madeira, a well-known trading antique store and coffee shop.
The unit benefits from large dual aspect windows and measures approximately 50 sqm. The ground floor consists of retail space, a coffee bar & seating area with a tanked, well-kept basement to the lower ground floor and a separate WC.
The current owner has a café license for 35% of the shop which generally consists of approximately 15 covers and have previously served cold food such as cakes and sandwiches.
All items in the shop will be included in the sale, including the Fracino coffee machine and ICR till.
Guide Price £85,000 for the fixtures, fittings, goodwill, stock and the remainder of the lease at circa 676 years.
The unit benefits from large dual aspect windows and measures approximately 50 sqm. The ground floor consists of retail space, a coffee bar & seating area with a tanked, well-kept basement to the lower ground floor and a separate WC.
The current owner has a café license for 35% of the shop which generally consists of approximately 15 covers and have previously served cold food such as cakes and sandwiches.
All items in the shop will be included in the sale, including the Fracino coffee machine and ICR till.
Guide Price £85,000 for the fixtures, fittings, goodwill, stock and the remainder of the lease at circa 676 years.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront
Property Size
538 sq ft
Costar Property Class
C
Year Built
1960
Tenancy
Single
Number of Floors
2
Plot ratio
0.54
Total Plot Size
0.02 ac
Frontage
11 ft on Simeon Street
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NEARBY MAJOR RETAILERS
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Madeira | 38 Simeon St
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