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The Esplanade Alma Rd 456 sq ft of Retail Space Available in Ventnor PO38 1JU
HIGHLIGHTS
- Occupying an enviable position overlooking the Esplanade and beach
- Restaurant potential
- Located in a popular resort town
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| Ground, Ste Golden Sands | 456 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
Ground, Ste Golden Sands
Occupying an enviable position overlooking the Esplanade and beach of this popular resort town – currently offered for sale as a licensed leasehold and fully-equipped takeaway but with restaurant potential. Golden Sands is popular with both locals and tourists alike for its current takeaway offerings, and is offered fully equipped as a going concern with an inventory available to bona fide applicants and/or their professional advisors upon request. Turnover and accounts can be discussed, but only with bona fide applicants and/or their professional advisors, and may be subject to signature of a confidentiality agreement. Stock, where appropriate, will be sold separately at valuation. Although the business is essentially seasonal, there is in our view a clear opportunity to expand to other times of the year. We understand that a new lease is to be negotiated with the Landlord, with all terms by negotiation. Price guide £40,000 fully equipped as a going concern + SAV. Price guide for leasehold is £25,000.
- Use Class: E
- Partially Fit-Out as a Fast Food Restaurant
- Secure Storage
- Energy Performance Rating - E
- Exclusive WC facilities
- Takeaway facilities
- Fully equipped
- Could be expanded into a full restaurant
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 456 sq ft | Net Internal Area (NIA) | 911 sq ft |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Fast Food |
| Total Space Available | 456 sq ft |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Net Internal Area (NIA) | 911 sq ft |
| Year Built | 1990 |
ABOUT THE PROPERTY
Ventnor is renowned a small resort town towards the southern tip of the Isle of Wight, and enjoys its own microclimate. Opportunities such as this on the Esplanade are very rarely available, therefore early interest is strongly encouraged. Ventnor enjoys a good year-round trade from locals, which is boosted considerably during the seasonal months by tourism, as it remains one of the Island’s tourist ‘hot spots’. Golden Sands currently operates as a takeaway, plus beachside refreshments and ice creams, but there is the capacity to expand again as a restaurant if required, particularly as the premises is licensed. Unusually, the premises enjoy unencumbered views of the sea, as there is no on-street parking immediately in front of the unit. The premises form the ground floor of a larger property of traditional construction, with further details as briefly outlined overleaf. With accommodation as shown on the attached schematic plan, which is not to scale and is for identification purposes only. Currently, the clients have subdivided the front of the main trading area to use as the takeaway facilities; however, the separation is demountable and the property could be expanded back into a full restaurant if required and as shown on the plan.
NEARBY MAJOR RETAILERS
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The Esplanade | Alma Rd
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