Café Restaurant plus Wine Bar in Woking For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, WOKING, Surrey.

Turnover £ 9,000
Price £195,000

Features

Italian Café Restaurant & Wine Bar

5 STAR HYGIENE RATING.
Forecourt with seating for 12 people

• Strong and growing weekly turnover, currently between £8,000 and £10,000
• Net profit in excess of £50,000 per annum
• Well-established business with a loyal and repeat customer base
• Excellent location with a mix of residential, office and commercial footfall
• Fully operational and profitable business, not being sold due to performance issues
• Significant potential to further increase revenue by expanding lunch service during weekdays
• Italian deli restaurant & wine bar concept with scope for further development and possible expansion


DOUBLE FRONTED PREMISES in the region of 650 ft² with tiled floor, spot lights, Air conditioning with hot air. Bar, EPOS till, display counter fridge, drinks display fridge (glass fronted upright double-door), meet slicer, Coffee Machine (2 Group) (on loan), coffee grinder, wine display fridge, Tables and chairs providing seating for 32 People.

Kitchen with ventilation system, Diamond oven, professional double-deck pizza oven, double door fridge, freezer, counter fridge 3 door, 2 small deep freezer, refrigerated making table, dishwasher, glass display cabinets, ice machine.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 - £10,000 p.w. with a Gross profit of 65% approx. (20% ONLINE SALES)

Staff

The business is at present operated by the Husband & Wife team with 2 full time & 1 part time staff.

Trading Hours

MONDAY - WEDNESDAY 5pm - 11pm
THURSDAY & FRIDAY - 5pm - 11pm
SATURDAY 12 noon - 11pm
SUNDAY 12 noon - 9pm

Accommodation

Optional extra 3 bed flat.

Outside

Rear yard with shed

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 3 years (next review March 2026) at a current rent of £21,000 p.a. (reduced to £10,750 until January 2026 when the rent will increase to £22,500)

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 97,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote