The Spa, Scarborough £45,000

A rare opportunity to acquire this well established and prominent business that has been located at The Spa complex for over 15 years. Selling a wide and varied range of goods that are aimed at holiday makers and visitors to the beach the business would suit a keen individual or couple. Only coming onto the market due to other business commitments, it is being sold as a going concern.

Location
The units and business are prominently positioned at the front of Scarborough Spa, which is a Grade II listed building that is used for conferences and entertainment on the South Bay of Scarborough. They have a frontage of some 31.5 m (103 ft) and are easily accessible.

The Business
The Spa Emporium sells a vast and varied range of products that anybody visiting the sea side could possibly require, ranging from small childrens toys, buckets and spades to key rings and sweets. It also has the benefit of a cold drinks fridge and an Ice cream serving hatch customers can be served outside.

The unit (31.5 m x 3.3 m (103'4" m x 10'9" m ))
One of original 8 units the premises is currently operating as one with two sets of doors and a central counter and serving hatch.

Tenure
Remaining terms of a Landlord & Tenant Act lease granted by Scarborough Borough Council and commenced in Nov 2015 for a term of 10 years. We believe that the local authority will consider extending the existing term and all enquires should be made to North Yorkshire Council.

Rent
£21,000 per annum and currently paid on a quarterly basis

Guide Price
£45,000 for the business goodwill and fixtures and fittings + SAV

Viewing
Strictly via sole agents Colin Ellis Property Services on 01723 363565

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