£80,000
SOLE AGENT
40 Kensington Place, St. Helier

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Summary

- Type
Leasehold Tenure
Qualified Qualification
- Approx Size m2/ft2
Established busy Cafe/Restaurant available
New 9 year lease
Asking £80,000 to include all fixtures and fittings
Annual turnover in excess of £400K
Great opportunity
Rent set at £16,728.00 per annum

LEASEHOLD
Cafe/Restaurant leasehold available In St Helier. This long running catering establishment has been trading profitable for many years. Currently trading as a cafe and with an annual turnover in excess of £400K and only open till 6pm daily, six days a week, it has the potential to be much more. The current owners are selling only due to family commitments which will take them out of the Island. In very good order throughout, there is an open plan restaurant with a fully equipped stainless steel kitchen, store room/office, toilet and parking for 2 cars. Ideally located for locals and visitors alike, this is a great opportunity for someone to take on an existing busy establishment and take it forward to greater heights. Annual rental for the premises is £16,728.00
For further details please contact Panny on 07700347444 or email: panny@eapjersey.com

Notice
KNOW YOUR CLIENT
ANTI MONEY LAUNDERING

When an offer is accepted and negotiations for the purchase of the property are underway, the prospective purchasers will be required to produce photo identification ( driving licence or passport ), proof of residency ( a current utility bill ), and your registration card. You will also need to confirm source of funds. This is in order for us to comply with current Money Laundering Legislation.
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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£
35 yrs
80% 2 year tracker - 5.95%
With a 20% deposit of £16,000 on a property valued at £80,000 your monthly payments would be£362.77

Stamp Duty

Calculated on the property value of £80,000 the total stamp duty would be £700 or £0 for first time buyers
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

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