Leasehold Licensed Tea Room Ice Cream Parlour For Sale
Business for sale
Asking Price:
£99,950
Turnover:
£130,000
Annual profit:
£78,000
Audited accounts:
No
Management accounts:
Yes
Years trading:
6
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
Well established having been in the present hands since july 2006 and now only being marketed as a result of the vendor’s family commitments. Tremendous potential exists for the introduction of longer opening hours and evening trade.Turnover – £130,000 p.a. @ 60% G.p.
Premises – imposing corner premises with extensive frontage and 2 sep. Entrances: ice cream parlour: with 32 covers at quality furniture.refrigerated counter, electric cash register, chiller, refrigerated cakes display unit, cappuccino coffee machine, serve over ice cream display unit. Tea rooms: with 28 covers at quality furniture, counter with elect. Cash register. Sep. Ladies and gents: w.c. Facilities. Kitchen: 6 burner range, grill, double fryer, griddle, hot cupboard, pannini grill, microwave oven, under counter refrigeration, st/stl prep surfaces, upright chiller. Prep room: st/stl sink, 2 freezers, fridge.
Outside - rear courtyard garden : with 10 covers. Private garden: with lawn, flower and shrub borders. Store shed: paved area, vehicle access to rear.
Terms of the lease/leasehold - tenure – 15 year lease from april 2005 rent - £15,940 p.a (3 year reviews- next review december 2008)
Location and property - occupying a prominent trading position fronting a busy main road on the outskirts of birchington serving a well populated residential area. The business enjoys a high level of passing trade, especially during summer months.
Accommodation - sep front entrance to 2 self contained flats: flat 1: 3 double bedrooms: bathroom:full suite. Kitchen: lounge: (full gas fired central heating.) flat 2: 2 double bedrooms: (one with shower and w/basin.) bathroom: fully tiled, full suite and power shower. Lounge: kitchen: and dining room: observations – flat 1 is sublet producing £475 pcm the other is vacant but could be let at £550 pcm if not required.
Trading hours of business
9.00am – 3.00pm tues to sun. Closed mon
Ref: r322
