Daytime Cafe in Nottinghamshire For Sale

Detached property, excellent main road trading position, residential, office and commercial area, Nottinghamshire.

Turnover £ 2,000
Price £65,000

Features

English, Indian and Turkish Café

NEWLY FITTED 2023
6 DAYS OPENING
5 STAR HYGIENE RATING
FORECOURT WITH SEATING FOR 10 PEOPLE

SINGLE FRONTED PREMISES in the region of 550 ft² with vinyl floor, ceiling with hanging lights, cool display counter with refrigerated storage section, hot and cold display serveover counter, EPOS till, Coffee Machine (2 Group), coffee grinder, Tables and chairs providing seating for 22 People, CCTV system (5 cameras, 1 monitor).

Kitchen with stainless steel extractor unit, Gas 6-burner Cooker, freezer, fridge, under counter fridge with stainless steel top, microwave, hot plate, double sink and drainer.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by the vendor's wife with 1 full time staff employed.

Trading Hours

6 Day week (Licenced until 11pm)
TUESDAY - SUNDAY 9am - 2pm

Tenure

The private landlord owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £9,600 p.a. for the first 4 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote