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Reference R2523
Situated in a Parade, excellent main road trading position, residential, office and commercial area, Essex.
Turnover £ 4,000
Price
£120,000
Features
Licenced Café (easy Hours)
6 DAYS OPENING
FORECOURT WITH SEATING FOR 8 PEOPLE
DOUBLE FRONTED PREMISES in the region of 735 ft² with carpeted (heavy duty) floor, hanging lights, sales counter, EPOS till, Coffee Machine (2 Group), 2 coffee grinders. Tables and chairs providing seating for 24 People.
Kitchen with stainless steel extractor unit, Cooker (Gas 4-burner), deep fryer (2 pan), microwave, fridges, freezers, dishwasher, deep freeze.
Toilet with w.c. and wash hand basin..
Small Stock room.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)
Staff
The business is at present operated by the 2 partners with 1 full time chef & 2 part time staff.
Trading Hours
6 Day week
TUESDAY - SATURDAY 9am - 3pm
SUNDAY 9am - 2pm
Outside
Parking space for 1 car.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2017 with reviews every 4 years (next review 2029) at a current rent of £8,000 p.a.
NIL Business Rates after full relief (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 ILL HEALTH.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 60,000 (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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