Coffee Shop in West Sussex For Sale

Situated in a Parade, excellent trading position, residential & tourist area, close to the sea, West Sussex.

Turnover £ 4,800
Price £85,000

Features

Well Fitted Coffee Shop

FORECOURT WITH SEATING FOR 4 PEOPLE
5 STAR HYGIENE RATING

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

SINGLE FRONTED PREMISES in the region of 400 ft² with industrial non-slip floor, suspended ceiling with spot and hanging lighting, sales counter, EPOS till, 2 standing coffee bar, Coffee Machine (2 Group), 2x coffee grinder, drinks display fridge (glass fronted upright), hot display cabinet, cool display counter with refrigerated storage section, preparation area, ice cream freezer, juicer, 2x blenders.

Kitchen, small extractor, Oven, 2x commercial microwave oven.

Stock room with deep freeze, 2x freezer, small deep freeze, fridge.

Outside Staff Toilet.., ,

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,800 p.w. with a Gross profit of 65% approx. (with £700 online sales)

Staff

The business is at present operated by the vendor with the assistance of 4 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 6.30am - 3pm
SUNDAY 6.30am - 2pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £7,500 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO family commitments and ill health.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote