Business for sale

Business description

Turnover: WE ARE INFORMED the turnover averages £800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features Front area with 3ft high wrought iron fencing providing enclosed area for tables and chairs for 16 persons (can be increased to 20 persons) to -

Attractive Café, carpeted and well equipped including tables and chairs providing seating for 18 persons. Cool display serveover counter, 2 group coffee machine.

Cooking area with electric grill, bain marie, 2-burner hob, stainless steel counter deep freeze.

Preparation area with fridge/freezer, double sink and drainer, dishwasher, large fridge, 4-burner hob etc.

Office
Additional room used for storage purposes

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin


Staff: The business is at present operated by a husband and wife team and no staff are employed.


Opening Hours Monday - Saturday inclusive - 8 a.m. - 4 p.m. (Restricted to 6 p.m).
NO SUNDAY TRADING
(As will be appreciated the business can remain open until 6 p.m. each day and in our opinion there is potential for Sunday opening)


Outside Courtyard with shed
Garage


Tenure We understand the premises are held on a secure renewable lease from a private landlord having 9 years unexpired from October, 2005 at a rental of £7,308 p.a. exclusive of rates up to October, 2007, with rent review at that time and thereafter after the following 3 years.

Uniform Business Rates: £440 p.a. approx. (after small business relief). + water rates

RECOMMENDED FOR EARLY INSPECTION


Reference : R7115