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£350,000

Off The Beaten Path, Park Road, Melton Mowbray, Leicestershire, LE13

  • 0 beds
Other

£350,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£1,598 per month

Minimum deposit amount:

£17,500
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Off the Beaten Path comprises a thriving coffee and sandwich bar with a large first floor two bedroom duplex apartment offering an exciting mixed commercial and residential opportunity. Situated within the heart of the bustling market town of Melton Mowbray, the property offers an immaculately maintained premises comprising a coffee bar serving hot food and sandwiches with attractive bright cafe area providing 30 covers internally and 12 externally. In addition are serving and preparation areas, large pantry store and two WC's. Above the cafe is a first floor two bedroom duplex apartment, with separate access, providing ideal living accommodation or a rental investment, currently let for £8,340 per annum. In all, an exciting opportunity for those wishing to continue an existing business with residential possibilities or to change the building into a new venture (subject to the necessary permissions). The property is being sold as a going concern and has an annual turnover of £215,555 with three part time employees and four Saturday/holiday staff only employees. The cafe is currently open during the day only, however there are no restrictions that we are aware of as to the opening hours and therefore believe they could be extended into the evening or for longer hours if so desired.
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Stamp Duty tax
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Mortgage and legal costs:
£999
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