FOR SALE
"The Loft Café",
High Street, St. Peter Port, Guernsey
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This popular establishment is located in a prime position on the High Street, above the exclusive All In Black boutique. The property enjoys superb views of the harbour and has established itself as a popular and well-known eaterie in the heart of town.
From the High Street, the restaurant is accessed via the main staircase through the All In Black boutique. A second entrance from the quayside can be used all day long but also allows people to access the restaurant out of hours when the shop is shut.
With seating for 30 customers, the restaurant is currently open from 8.30am to 5.30pm six days per week as well as being available by arrangement on Friday and Saturday evenings for private functions. WC facilities are shared with the retail unit.
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Opening hours:
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8.30am to 5.30pm, Monday to Saturday.
Friday and Saturday evenings by prior arrangement for private functions.
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Staff
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The business currently employs three full-time staff in addition to the owner/manager.
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Financial information
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The business generates an attractive net profit after payment of rent, wages etc. Financial information can be made available by application.
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The business runs a successful outside catering arm and the sale of the business includes a refrigerated delivery van for this purpose.
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The property is held by way of a full repairing and insuring lease to 30 April 2017. However, the Landlord may be willing to consider a lease extension for a new tenant, should this be desired, and subject to agreeing terms.
The passing rental is £20,000 per annum and is subject to three-yearly upward only market value rent reviews with the next review being due on 1st May 2010.
The business, including stock and the afore-mentioned refrigerated van is being offered at £49,000.
To be determined with the current owner who would also be willing to work with any prospective new owner for a handover period.
Each party to bear their own legal costs.
Strictly by appointment with the vendor's Agent:
Swoffers Commercial
Estate House
Ann's Place
St Peter Port
Guernsey
GY1 2NU
Contact: Jonathan Harris or Jo Stoddart
Telephone: 01481 722151
Email: jharris@swofferscommercial.co.uk or jstoddart@swofferscommercial.co.uk
SUBJECT TO CONTRACT
Swoffers Commercial for themselves and for the vendor(s) or lessor(s) of this property whose agent they are give notice that:
- These particulars do not constitute, nor constitute any part of, an offer or contract.
- None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact.
- Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
- The vendor(s) or lessor(s) do not make or give and neither Swoffers Commercial nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property
- These details are believed to be correct at the time of compilation but may be subject to subsequent amendment
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