Attractive Cafe in Leatherhead For Sale

Excellent trading position, sought after residential area, near SURREY LEATHERHEAD

Turnover £ 4,000
Price £75,000

Features

Attractive Coffee Shop & Cafe

FORECOURT WITH SEATING FOR 10 PERSONS

5 DAYS OPENING ~ 5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 1,060 ft² with tiled floor. Tables and chairs for 10 persons. Sales counter, EPOS till.

6 stairs to mezzanine level with wooden floor. Tables and chairs providing seating for an additional 20 persons.

Toilet with w.c. and wash hand basin

KITCHEN. Electric oven with 4 rings, fridge, 2 panini machines, 2 toasters, sink, dishwasher.

Preparation room, 3 door preparation fridge, under-counter freezer

Basement in the region of 200 ft² for storage. 2 tall upright freezers, 2 chest freezers, 1 double drinks display fridge plus 1 sho frozen gelato/yoghurt machine

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by a husband & wife team with 2 full time staff plus the assistance of 1 part time staff.

Trading Hours

5 Day week
TUESDAY - FRIDAY 9 a.m. - 4 p.m.
SATURDAY 9 a.m. - 3 p.m.

Outside

Rear garden seating for 20 persons

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a lease from a private landlord, until 2026 at a current rent of £11,000 p.a. We understand the landlord is happy to grant, to an approved applicant, subject to contract, a new 5 year lease at a rent of £12,000 p.a.

N.B. The Lease is granted outside the terms of 1954 Landlord & Tenant Act.

EPC Rating C (64)

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote