Authentic Coffee Shop and Delicatessen in Somerset For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, BRISTOL

Turnover £ 4,500
Price £69,500

Features

Modern Coffee Shop and Authentic Delicatessen

6 DAYS OPENING

FORECOURT WITH SEATING FOR 8 PEOPLE

DOUBLE FRONTED AIR CONDITIONED PREMISES, in the region of 1,250 ft², - Alarm, CCTV (with 3 cameras), laminate wood flooring, suspended ceiling with LED panels.

Tables and chairs seating 40 people.

Sales counter, EPOS cash register, 2 group coffee machine, grinder, knock out drawer, hot water boiler, wash hand basin, chilled serve over counter, warm display cabinet, meat slicer, cake display fridge, ice cream freezer, sound system, shelving and display racking, etc.

Disabled cloakroom with toilet and wash hand basin and baby change unit.

Customer cloakroom with toilet and wash hand basin.

Rear KITCHEN - Stainless steel extractor, oven, panini grill, induction hob, microwave, dough mixer (30 ltr), professional dishwasher, double door fridge, scales, double sink with drainer, stainless steel preparation table, 3 door sandwich preparation fridge, etc.

Staff toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 60% approx.

Staff

The business is staff run and operated by 3 full time staff employed.
We are informed the wage bill averages £1,500p.w. approx.

Trading Hours

6 Day week
MONDAY - SATURDAY 8am - 4pm
CLOSED SUNDAY

Outside

Court yard.

Outbuilding with power (2 chest freezers, fridge, shelved)

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £20,000 p.a.

Business Rates from April 2024 £2,588.56 approx. After small business relief. (Please contact local authority to confirm)

THE BUSINESS WAS ESTABLISHED IN 2023 AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote