Attractive Cafe and Coffee Shop in Hampshire For Sale

Situated in a parade, excellent main road trading position, sought after HAMPSHIRE/WEST SUSSEX BORDERS.

Turnover £ 5,000
Price £119,500

Features

Attractive Café / Coffee Shop


FORECOURT WITH SEATING FOR 20 PEOPLE.

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, PREMISES in the region of 425 ft². Slate tiled floor, plasterboard ceiling with inset lights.

Tables and chairs seating 20 people.

Sales counter - Electric cash register, soft drinks fridge, coffee machine (2 group), grinder, small boiler, blender, 3 under counter fridges, 1 under counter freezer, large upright freezer, wash hand basin.

Customer cloakroom with toilet and wash hand basin.

REAR KITCHEN - Stainless steel extractor, painini grill, 2 large flat plate grills, 2 microwaves, 2 under counter freezers, 2 undercounter fridges, single sink with drainer, dishwasher, etc,

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by the lady vendor with the assistance of 6 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9am - 3pm
SUNDAY 10am - 3pm

There is scope and demand for longer opening hours.

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £17,040 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2007, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER COMMITMENTS.

Price

TO INCLUDE THE GOODWILL, FIXTURES & FITTINGS £119,500
plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 59,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote