Freehold cafe/restaurant.
Business for sale
Asking Price:
£499,950
Turnover:
£104,000
Annual profit:
£52,728
Audited accounts:
Yes
Management accounts:
Yes
Business description
Situated in a parade, busy road, residential and commercial area, Middlesex.We are informed the turnover averages £2,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £499,950 plus STOCK AT VALUATION.SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Features Paved Area in front of Cafe, providing ample space for 2 tables plus 8 chairs.
Single fronted Cafe/Restaurant, with tiled floor, fluorescent plus ordinary ceiling lighting. Tables and chairs providing seating for 28 persons. Attractive counter with brick fascia, cool display counter, electronic cash register.
Open plan Kitchen Area, with Gaggia coffee machine, stainless steel extractor, griddle, double deep fryer, 4-burner cooker, fridge/freezer, small fridge, small chest deep freeze, 2 single sinks plus drainer, wash hand basin, etc.
Customers'/Staff Cloakroom with w.c. and wash hand basin.
Staff The business is at present operated by a husband and wife team with the assistance of 1 full time chef plus 1 Saturday part time staff.
Opening Hours Monday/Friday incl. 7 a.m. - 4 p.m.
Saturday opening 8 a.m. - 3 p.m.
NO SUNDAY TRADING.
Accommodation The accommodation, all in GOOD CONDITION, with UPVC DOUBLE GLAZING and with FULL GAS FIRED CENTRAL HEATING is situated on two floors over the Café and comprises:
2 double bedrooms.
Recently refurbished bathroom with bath, w.c. and wash hand basin.
Large lounge.
Newly fitted Kitchen.
Outside Large Yard at rear, with Parking Space for 4 cars. In our opinion, there is potential to extend the property at the rear, if desired, subject to obtaining the necessary planning permission.
Tenure Freehold.
Uniform Business Rates: £1,400 p.a. approx. + water rates.
OUTSTANDING OPPORTUNITY TO ACQUIRE A PROFITABLE CAFE/RESTAURANT, IN THIS EXPANDING AREA.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
Reference : R5517
Employee details
Fulltime staff:
1
Parttime staff:
1
