Business for sale

Business description

We are informed the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Gross profit in excess of 65%


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICAN


Features: Sunblind to -

SPACIOUS LICENSED COFFEE SHOP & RESTAURANT, high ceiling with 2 ceiling fans, full gas fired central heating. Tables and chairs providing seating for 43 persons (could be increased), 3 cool display serveover counters, with refrigerated storage section, upright glass fronted drinks display fridge, panini toaster, sink, electronic cash register.

Large commercial kitchen with fully tiled floor and tiled walls. Fully equipped including 4-deck pizza oven, prover, stainless steel extractor, 2 upright double door stainless steel fridges, 1 upright single door stainless steel deep freeze, chest deep freeze, 1 electric oven, 3 microwave ovens, 4-burner gas cooker, salamander, stainless steel table, sink and drainer, 4-pot bain marie, electric deep fryer, dishwasher, gravity feed slicer, wash hand basin etc.

Staffroom

Fully tiled disabled/ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin


Staff: The Restaurant is at present operated by a husband and wife team with the assistance of 2 full time and 2 part time staff.


Opening Hours: Monday - Saturday inclusive 7.30 a.m. - 4 p.m.
NO SUNDAY TRADING
We understand from the present owners that the business is allowed to trade from 7.30 a.m. - 11.30 p.m. Monday - Saturday with Sunday opening until 10 p.m. if desired


Tenure We understand the premises are held on a secure renewable lease having approximately 16 years unexpired at a rental of £27,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £9,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8567