Dessert Parlour and Café in Bedfordshire For Sale

Occupying a corner position, prominent trading position, residential, office and commercial area, close to Cinema and the River, Bedfordshire.

Turnover £ 1,000
Price £48,000

Features

Most Attractive Dessert Restaurant and Café

6 DAYS OPENING
4 STAR HYGIENE RATING
FORECOURT WITH SEATING 6 PEOPLE NEAR THE RIVER

CORNER PREMISES in the region of 1,520 ft² with tiled floor, ceiling with Hanging lighting, Ice Cream display counter, EPOS till, Tables and chairs providing seating for 60 People, CCTV system (5 cameras, 1 monitor).

Open plan kitchen area, Milkshake machine, ice cream machine, double door stainless steel fridge, double door freezer, 3 stainless steel under counter freezers, cake display fridge, under counter drinks display fridge (glass fronted upright), 2 x waffle machine, crepe machine, Coffee Machine (2 Group), coffee grinder, air fryer, Slushie Machine.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin.
Disabled Toilet / Changing room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,000 p.w. with a Gross profit of 70% approx. (25% DELIVERIES)

Staff

The business is at present operated by the vendor with 3 full time & 1 part time staff.

Trading Hours

6 Day week
TUESDAY - THURSDAY 4pm - 9pm
FRIDAY 4pm - 10pm
SATURDAY 12 noon - 10pm
SUNDAY 12 noon - 9pm

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 2019 with reviews every 5 years (next review 2029) at a current rent of £25,000 p.a. In addition we understand there is a Service charge to be confirmed.

Business Rates from April 2024 £8,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £48,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote