A rare opportunity to acquire a popular Clifton café has become available, with the property going on the market with a 10-year lease option.
Havana, located in Queens Road, is in a ‘bustling position’ that enjoys a ‘very high levels of footfall’ according to the Maggs and Allen listing.
Situated across two floors, the 700 sq ft premises boasts a fully fitted café benefiting from a first-floor office and prep room, cellar storage, three-phase power and commercial extraction.
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It also features a True Pizza Fridge, coffee machine, dishwasher, fridges, freezers and a modern POS system.
The business is available on the residue of a 10-year term which commenced in July 2021. It is subject to a current rent of £24,000 per annum and an ingoing premium of £60,000 for the lease.
According to the agents, when cafes and restaurants are offered to let, an ingoing premium is often applicable. This will reflect the demand for the lease, the benefit of commercial extraction (if applicable), and any goodwill as well as fixtures and fittings.
In addition, the property is rooted in a prime position with the added advantage of being located next to a pedestrian crossing and other neighbouring occupiers include, including The Body Shop, Pret a Manger, The Botanist and Browns Restaurant.
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