The property is situated in Broad Walk, an established busy pedestrian thoroughfare linking the High Street with Queens Square. There are several public car parks closeby and rail and bus stations are within 400 ms.
Crawley is a thriving and progressive town with a current population of approximately 110,000 persons extending to over 160,000 within a 10km radius and is located midway between London to the north and Brighton to the south. Gatwick Airport is located within 6 kms (3.5 miles) to the north.
- Excellent opportunity to acquire established cafe business
- Prime town centre location
- External seating front & rear
- Excellent growth potential
A ground floor lock-up fully fitted cafe (currently t/a La Rusta) with approximately 54 covers (internal & external), situated in a busy pedestrian thoroughfare, linking the High Street with The Broadway and Queens Square.
Ground Floor Shop
1190 sq ft
The internal floor area is approximately as follows:-
Sales/Cafe Area: 760 sq ft (70.60 m2)
Storage/Preparation: 350 sq ft (32.51 m2)
Kitchen: 80 sq ft (7.32 m2)
External: Two small yard areas providing 2 parking spaces in addition to two single lock-up garages
Held on a full repairing and insuring lease for a term of 5 years from 18 January 2018 to and including 17 January 2023 at a current rent of £27,000pax subject to a fixed increase to £27,400pax in year 2; £27,800pax in year 3; £28,525pax in year 4 and £29,000pax in year 5. The lease is inside the security provisions of the Landlord & Tenant Act 1954.
A thriving and profitable cafe business, established approximately 5 years ago with an ever growing reputation and customer base (www.la-rusta.co.uk).
Turnover and management accounts will be made available to interested parties, following a formal inspection and on application.
Available by way of an assignment of the existing lease with the benefit of the existing business, fixtures & fittings etc, if required.
N.B. The business name "La Rusta" is not included in the sale.
Premium offers invited in the order of £80,000 for the benefit of the valuable lease, business and fixtures & fittings.
The existing Premises Licence (Ref: 16/01921/LAPRE) permits the sale of alcohol on the premises Monday - Sunday 9.00 hours to 22.00 hours (9.00 hours to 0.00 hours Christmas Eve, New Years Eve and Bank Holidays) and opening hours Monday to Sunday 7.30am to 22.30pm.
Further details on application.
The current opening hours are:
Monday - Saturday 7.30am - 9.30pm
Sunday - 9am - 6.00pm
Scope exists for potential enhancement of turnover by widening opening hours.
Rating C-63 - click here to download EPC
Rateable Value: £18,000
Rates Payable: £8,388 (2017/18)
Interested parties are advised to contact Crawley Borough Council on 01293 438000 or www.crawley.gov.uk to verify this information to verify this information.
VAT will be payable on the terms quoted.
Each party to bear their own legal costs incurred in this transaction.
Strictly via prior appointment through Sole Agents Graves Jenkins