Cafe Bistro in Gloucestershire For Sale

Situated in a Parade, excellent main road trading position, office and commercial area, Gloucestershire.

Turnover £ 12,000
Price £220,000

Features

Exceptional Air Conditioned Café / Bistro

5 STAR HYGIENE RATING

OUTSIDE SEATING FOR 12 PEOPLE.

Imposing PREMISES WITH BI FOLD DOORS, in the region of 1,000 ft², with bifold doors - Hard wood floor, plasterboard ceiling with character pendant lighting.

Customer reception area.

Tables and chairs comfortably seating 40 people.

Bar - 3 EPOS terminals, coffee machine (3 group) grinder, knock out drawer, 2 under counter fridges, 2 hand pumps, glass washer, ice machine, under counter freezer, wash hand basin, full shelved, etc

Open Plan Kitchen - Stainless steel extractor, large flat grill, 4 Valentine fryers, 4 ring hob, oven, bain marie (6 pot), plate warmer, 3 microwaves, salad fridge, triple door fridge, full height freezer, full height fridge, dough mixer, dough roller, dishwasher, double sink and drainer, stainless steel preparation table, wash hand basin, etc.

Dumb waiter

Disabled cloakroom with toilet and wash hand basin.

Stairs to first floor, in the region of 700 ft², . . . Additional seating / function suite

Tables and chairs seating 32 people.

Bar - under counter fridge, ice maker, glass washer, wash hand basin, coffee machine (2 group) griner, knock out drawer.

Gentlemen's toilets with 2 cubicles, wash hand basins and hand dryers.

Ladies toilets with 2 cubicles, wash hand basins and hand dryers.

Stock room.

Office.

Walking fridge.

Walkin freezer.

Staff changin room.

Staff cloakeroom with toilet and was hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £12,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor with 6 full time staff (3 chefs and 3 front of house) and the assistance of 6 part time staff.

We are informed the wage bill averages £3,500 p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 8 am - 7 pm
SUNDAY 9 am - 5.30 pm

There is tremendous local demand for longer hours and takeaways.

Outside

2 Designated parking spaces.

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 2013 with reviews every 5 years (next review 2028) at a current rent of £31,500 p.a. (current rent review is pending)

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1997 AND OFFERED FOR SALE SOLELY DUE TO THE VENDOR'S SEMI-RETIREMENT.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS offers over £220,000 plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 110,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote