Business for sale

Business description

Location Situated in a parade, main road trading position, densely populated residential area, Surrey

We are informed the turnover averages £2,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features No parking problems. Free parking on forecourt.

Forecourt area with 1 table and 4 chairs

Sunblind to SINGLE FRONTED CAFÉ with ceramic tiled floor, suspended ceiling with concealed lighting. Fixed tables and chairs providing seating for 36 persons. Cool display serveover counter with refrigerated storage section, electronic cash register.

Open plan kitchen area with stainless steel extractor, stainless steel cladding to walls, electric Valentine deep fryer, 1 commercial plus 1 domestic microwave oven, large gas grill, gas, coolker, 6-slice toaster, Stills boiler, 1 small glass fronted fridge, dishwasher, double sink and drainer etc.

Rear large stockroom with double door fridge, upright deep freeze, 1 fridge/freezer

Half tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Staff The business is at present operated by the vendor with the assistance of 1 full time and 2 part time staff.

Opening Hours Monday - Saturday inclusive - 7 a.m. - 4 p.m.
Sunday opening - 9 a.m. - 2 p.m.

Accommodation The accommodation in the form of a SELF CONTAINED MAISONETTE over with DOUBLE GLAZING and FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £600 per month, however, we understand vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Outside Small yard at rear

Tenure We understand the premises are held on a secure renewable lease having approximately 12 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,100 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8256