Business for sale

Business description

We are informed the turnover averages £2,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: ATTRACTIVE SINGLE FRONTED CAFÉ/RESTAURANT with stone tiled floor, wall and ceiling lighting. Tables and chairs providing seating for 16 persons. Counter

Open plan kitchen with tiled floor. The equipment includes 6-burner gas cooker, 3 microwave ovens, 4 fridges, 1 deep freeze, double sink and drainer, commercial dishwasher, wash hand basin etc.

Customer's cloakroom with w.c. and wash hand basin

Attractive rear walled courtyard with tables and chairs providing seating for an additional 16 persons.


Staff: The business is at present operated by the vendor with the assistance of his daughter plus 2 full time staff and additional casual staff at weekends.


Opening Hours Monday - Saturday inclusive - 8.30 a.m. - 4.30 p.m.
With the exception of Friday & Saturday when the business re-opens from 7 p.m. - 9 p.m. for evening meals
Sunday opening - 10 a.m. - 3 p.m.


Tenure We understand the premises are held on a secure renewable lease from a private landlord the present lease having approximately 8 years unexpired at a current rental of £7,800 p.a. exclusive of rates. (We understand the rent is increased each year by £150 only).

Uniform Business Rates: £1,600 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION


Reference : R8563