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Reference R2399
Turnover £ 4,200
Price
£100,000
Features
Superbly Fitted Coffee Shop / Sandwich Bar Plus Corporate Catering
REFITTED 2019
5 DAYS OPENING
5 STAR HYGIENE RATING
Large adjacent office building to be populated with over 600 staff in March 2025
IMPRESSIVE DOUBLE FRONTED PREMISES in the region of 880 ft² with double doors. Wood effect vinyl floor, suspended ceiling with spotlights. Air conditioning with hot air. Tables and chairs providing seating for 30 persons. 2 cool display counters with refrigerated storage section, sales counter, EPOS till, 3 LED digital menu boards, coffee machine, 2 microwaves, Merrychef, frothing machine, toaster, fridge, 2 grab & go fridges.
KITCHEN. Electric oven, deep freezer, double door freezer, double door fridge, commercial dishwasher, double sink and drainer, shelving.
Staff toilet with w.c. and wash hand basin
Stock room
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,200 p.w. with a gross profit of 65% approx. (£3,000 p.w. in respect of shop plus additional £1,200 p.w. for corporate events)
Staff
The business is at present operated by a husband & wife team with one casual staff when required.
Trading Hours
5 Day week
MONDAY - FRIDAY 7.30 a.m - 3 p.m
It will be appreciated upon inspection that there is terrific potential for additional opening hours, if desired. In additions the business is closed for 2 weeks over Christmas, 1 week in the summer and all the bank holidays.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 5 years in March 2021 with reviews every 5 years (next review 2026) at a current rent of £25,000 p.a. In addition we understand there is a service charge of £2,000 p.a. approx.
Business Rates from April 2023 £1,900 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
Price
OFFERS INVITED TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS IN THE REGION OF £100,000 plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 50,000 (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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