Sandwich Bar, Coffee Shop, Kebab and Pizza Takeaway in Reading For Sale

Excellent trading position, wealthy & sought after residential area, BERKSHIRE READING

Turnover £ 4,000
Price £90,000

Features

Most Attractive Coffee Shop / Sandwich Bar with Seating Area Plus Takeaway Kebabs & Pizzas (evenings)

NO PARKING PROBLEMS

ATTRACTIVE DOUBLE FRONTED PREMISES. Sandwich bar area with cool display serveover counter, refrigerated storage section, electric cash register, 2 group coffee machine, coffee grinder, toaster.

ADJOINING CAFÉ AREA with tables & chairs for approximately 20. It will be appreciated upon inspection that there is potential to increase the seating area, if desired.

KITCHEN AREA with walk-in coldroom, 2-deck pizza oven, stainless steel extractor, kebab machine, hot cabinet.

REAR KITCHEN with quarry tiled floor, gas double deep fryer, 4-burner gas cooker plus griddle & oven, electric fan assisted oven, sink & drainer, wash hand basin

Storeroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £4,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of pizzas deliveries. We are further advised that the split of turnover is approximately 70% in respect of the coffee shop/sandwich bar including takeaway with the balance of 30% in respect of takeaway pizzas & kebabs in the evening. As stated, there is terrific potential in our opinion to introduce deliveries in the evening, if desired.

Staff

The business is at present operated by the vendor. Staff employed coffee shop/sandwich bar - 2 full time plus 1 part time. Evenings - 2 additional full time staff. It will be appreciated upon inspection that with a more active husband & wife team, the wage bill could be reduced.

Trading Hours

Coffee Shop/Sandwich Bar -
Monday - Saturday inclusive - 7 a.m. - 3 p.m.

Pizza & Kebabs
Monday - Saturday inclusive - 5 p.m. - 11 p.m.
NO SUNDAY TRADING (optional Sunday opening, if desired)

Outside

Additional walk-in coldroom (not utilized at present)
Small yard at rear with parking space for 1 car

Tenure

The present tenant is paying a rental of £19,812 p.a. exclusive of rates. We understand the landlord, subject to satisfactory references, will grant a new 5 years lease at an initial rental of approximately £20,000 p.a. exclusive of rates with rent review. (Or we understand the landlords will grant a longer lease by negotiation, if required).

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote