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Reference R2332
Turnover £ 3,600
Price
£110,000
Features
Coffee Shop Plus Delicatessens & Sandwich Bar (a1 Use)
6 DAYS OPENING
5 STAR HYGIENE RATING
DOUBLE FRONTED PREMISES in the region of 550 ft² WITH CANOPY, laminated strip floor, suspended ceiling with hanging lights, Air conditioning with hot air, cool display counter with refrigerated storage section, EPOS till. Tables and chairs providing seating for 24 People, CCTV system (2 cameras).
Preparation room, Oven, toaster, microwave, deep freeze, 2 under counter fridges, with refrigerated work top.
Office / Stock room, small fridge.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £3,600 p.w. with a Gross profit of 65% approx.
Staff
The business is at present operated by the Husband & Wife team
Trading Hours
6 Day week
MONDAY - SATURDAY 8am - 4pm
Outside
Rear yard for bins
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 2011 with reviews every 5 years (next review 2026) at a current rent of £15,000 p.a.
We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at a starting rent of £16,800 and terms and rent to be agreed.
Business Rates from April 2024 £1,140 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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