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Reference R2278
Turnover £ 4,000
Price
£125,000
Features
Old Established Café
5 STAR HYGIENE RATING
DOUBLE FRONTED CORNER PREMISES in the region of 680 ft² with tiled floor, ceiling with spot lights, sales counter, cash register. Tables and chairs providing seating for 46 People
Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 4-burner), grill, , 3 microwaves, dishwasher, deep fryer (2 pan), boiler, 3 fridge, 2 freezer, sink and drainer.
Staff Toilet with w.c. and wash hand basin.
Additional Toilet with w.c. and wash hand basin.
Stock room.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (5% online sales)
Staff
The business is at present operated by the vendor with 2 full time staff employed.
Trading Hours
7 Day week
MONDAY - SATURDAY 7am - 3pm
SUNDAY 10am - 2pm
Accommodation
THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at used by staff. The accommodation comprises:
3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.
Outside
Large yard.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £23,000 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1988, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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