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Business For Sale, At 2 Waterloo Street, Derry-Londonderry BT48 6HE

Price £50,000

Key Information

Address Business For Sale, At 2 Waterloo Street, Derry-Londonderry
Price £50,000
Style Restaurant/Cafe
Size 120 sq. metres
Status For sale

Additional Information

WE ARE PLEASED TO OFFER THIS SUCCESSFUL CAFE/RESTAURANT BUSINESS FOR SALE AS A GOING CONCERN - NINE HOSTAGES COFFEE

Leasehold - current rent £240 per week

 

The ground floor has a net floor area of approximately 57.70 sq m (620 sq ft) and is fully fitted as a coffee shop & full kitchen cafe which seats aboit 30 with additional outside seating under awning for 25.

The first floor has a net floor area of 62.70 sq m (674 sq ft) which is currently used for storage.

The cafe was fully renovated about 3 years ago.

 

N.A.V. £7,900.  Estimated rates bill for the year 1st April 2026 to 31st March 2027 as per the Land & Property Valuation Listing is £5,701.

Small Business Rate Relief (SBRR) - extended for the 2026-2027 financial year

The SBRR provides different levels of rate relief based on the business property's Net Annual Value (NAV). Qualifying businesses will automatically receive rate relief on their annual bill for the duration of the support scheme.

Business properties with a NAV of more than £5,000 but not more than £15,000 will receive a 20% rate relief

There are a number of exclusions for SBRR

 

IMPORTANT NOTE

John V Arthur Estate Agents for themselves and for the vendors or lessors of this property whose agents they are give notice that: 
(I) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute part of an offer or contract; 
(II) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 
(III) no person in the employment of John V Arthur Estate Agents has any authority to make or give any representation or warranty in relation to this property.

If there is any point which is of particular importance to you, please contact Jeremy Arthur on telephone no. 028 7134 1947 or email jeremy@johnvarthur.com, and he will be pleased to confirm the position for you, particularly if you contemplate travelling some distance to view this property.

Any services, heating system, alarm, appliances, equipment and fittings have not been tested by the agent and prospective tenants/purchasers should make their own enquiries into whether or not all of these meet their requirements and would be well advised to commission their own reports where they deem appropriate.