Cafe/Shop, London Road North
Paul Hubbard Commercial are delighted to present this fantastic commercial unit in a prime location on Lowestoft's London Road North.
A highly popular vegan deli/cafe has been operating from the premises for just over a year, however due to a change in circumstances the remaining lease, fixtures fittings and equipment is available to purchase.
The current lease runs until July 31st 2025 with an annual rent of £4740, which is incredibly reasonable for such a well positioned unit on the main High Street in Lowestoft. The lease is renewable, and it’s likely the landlord would grant a new lease to the new owner.
There are currently two options available with this business:
1) Fixtures, fittings and equipment - £25,.000 + £4740pa rent
2) The whole business including goodwill, fixtures, fittings and equipment - £50,000 + £4740pa rent
Should someone purchase solely the fixtures, fittings and equipment, the current owner would keep the name "The Salty Crow" and continue operating the business from a different premises.