Business for sale

Business description

We are iinformed the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further incrase I the right hands. Gross profit 50% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: Ample parking in front of parade, restricted to a maximum of 1 hour during the day.

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,000 sq. ft. sales area. Woodstrip floor, ceiling spotlighting. Counter, electronic cash register, computer.

Rear open plan Tearoom area with breakfast bar having 6 high chairs, in addition there are 4 tables and 8 chairs. Fully equipped including 2 group Gaggia coffee machine, coffee grinder, fridge, dishwasher, 4-slice toaster, juice extractor, smoothie maker, sink and drainer etc.

Stairs to large cellar (ground floor at rear) providing ample storage facilities.


Staff: The business is at present operated by a lady vendor on a part time basis with the assistance of 3 part time staff.


Opening Hours Monday - Friday inclusive - 9.30 a.m. - 5.30 p.m.
Saturday opening - 10 a.m. - 5.30 p.m.
NO SUNDAY TRADING
We are advised the business closes for 1 week in August and 1 week at Christmas/New Year to allow the owners a holiday break. We are further advised that the business is closed on all Bank Holidays


Outside Parking space at rear for 1 car.


Tenure We understand the premises are held on a secure renewable lease the present lease having approximately 1 years unexpired at a rental of £8,500 p.a. exclusive of rates, fixed for the remainder of the present term.

Uniform Business Rates: £3,940 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE RETAIL BUSINESS, WHICH IN OUR OPINION HAS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : M2407