Cafe Diner in Somerset For Sale

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, Somerset.

Turnover £ 3,000
Price £68,500

Features

Old Established Café Diner

5 DAYS OPENING
5 STARS HYGIENE RATING

Ample customer's car parking as there are no parking restrictions in front of shop.

DOUBLE FRONTED PREMISES in the region of 880 ft² with laminated strip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cool display counter with refrigerated storage section. Tables and chairs providing seating for 40 People.

Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 8-burner), 2 x microwave, Coffee Machine (3 Group), coffee grinder, toaster, deep fryer (2 pan), painini machine, fridge, freezer, dishwasher.

Toilet with w.c. and wash hand basin.

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (NO ONLINE SALES)

Staff

The business is at present operated by 3 full time & 2 part time staff.

Trading Hours

5 Day week
MONDAY - WEDNESDAY & FRIDAY & SATURDAY 9am - 4pm

Outside

Rear yard & free Parking

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 2025 with reviews every 5 years (next review 2030) at a current rent of £15,000 p.a. + VAT In addition we understand there is a Service charge of £400 p.a. approx. per quarterr

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £68,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote