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The Blue Crab High Street Street 1,017 SF of Retail Space Available in Yarmouth PO41 0PL
Highlights
- Situated towards the eastern end of the High Street of Yarmouth
- Externally, there is a narrow covered bin area and small yard
- The property forms the ground floor of a larger premises of traditional construction
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,017 SF | Negotiable | $21.69 CAD/SF/YR $1.81 CAD/SF/MO $22,054 CAD/YR $1,838 CAD/MO | TBD |
Ground
An unusual opportunity to purchase this leasehold fish and chip business within the ever-popular historic Harbour Town of Yarmouth. “The Blue Crab” has operated for many years and is only now available for sale due to our client’s future personal plans, and it should be viewed to be fully appreciated. Our clients trade only in freshly-cooked takeaway fish and chips, for which they have an enviable reputation both within the locality and with visiting sailors and tourists, with all food hand-cooked to order and to the highest of standards in individual fryers. The property is licensed, and currently employs one full-time and four part-time staff members, with current operating hours of 12-2pm and 5-8pm(8:30pm on Fridays), open from Tuesday-Saturday inclusive. These are out-of-season hours, and can be reviewed and reassessed during the main season. The property is still fitted for purpose as a restaurant if required, and an inventory of equipment that is included can be provided on the occasion of a sale. Turnover and accounts show good year-on-year turnover and net profit, and can be discussed, but only with bona fide applicants and their professional advisors, and release of these may be subject to signature of a confidentiality agreement. Understood to be held on the balance of a 20-year lease from 2015, within the security provisions of the Landlord & Tenant Act 1954, Part II. A new lease may be available, with appropriate terms appropriate negotiation. We understand that the current passing rent is £12,000 p.a.x. Price guide for the business is £85,000 Leasehold.
- Use Class: E
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Secure Storage
- Energy Performance Rating - B
- Private Restrooms
- Good display window
- “The Blue Crab” has operated for many years
- Fitted for purpose as a restaurant
- Two adjoining WCs plus a staff WC facility
- Rear store/chipping area and cold store
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Select Tenants at The Blue Crab
- Tenant
- Description
- UK Locations
- Reach
- The Blue Carb
- Accommodation and Food Services
- 1
- -
| Tenant | Description | UK Locations | Reach |
| The Blue Carb | Accommodation and Food Services | 1 | - |
Property Facts
| Total Space Available | 1,017 SF | Gross Leasable Area | 1,017 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Restaurant |
| Total Space Available | 1,017 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,017 SF |
| Year Built | 1950 |
About the Property
Situated towards the eastern end of the High Street of Yarmouth, which in itself is a popular historic West Wight town, drawing trade from both locals and holiday-makers alike, and in particular from marine activities and visitors attracted to the delightful harbour. Yarmouth boasts a number of facilities within its boundaries, including the Wightlink vehicle and passenger ferry service to Lymington on the mainland and the New Forest beyond. The town is also home to a good resident population, boosted considerably in the seasonal months. Opportunities such as this within Yarmouth are extremely rarely available, therefore early interest is encouraged. The property forms the ground floor of a larger premises of traditional construction. Initially measuring some 18’ deep x 16’10’’ to incorporate the main servery, andwith personal entry door and good display window. Steps up to… The former restaurant area, of approximately 32’4’’ deep x 18’4’’ max. wide, still fitted as a restaurant but unused as such, with potential possibly for up to 50 covers. Former bar. Two adjoining WCs plus a staff WC facility. To the rear is the main kitchen, of some 21’1’’ deep x 12’5’’, with a full range of equipment if required. The kitchen is backed by a rear store/chipping area and cold store. Externally, there is a narrow covered bin area and small yard
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The Blue Crab | High Street Street
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