Exceptional Dessert Parlour in Oxfordshire For Sale

Terrace property, pedestrianised trading position, residential, office and commercial area, OXFORDSHIRE

Turnover £ 5,000
Price £70,000

Features

Exceptional Dessert Parlour

GRADE I LISTED BUILDING
5 STAR HYGIENE RATING
FORECOURT WITH SEATING FOR 15 PEOPLE

We do Japanese souffle pancakes along with hot and soft drinks. Fuwa Fuwa is a franchise business.

DOUBLE FRONTED PREMISES in the region of 965 ft² with laminated strip floor, spot lights, cool display Gelato counter with refrigerated storage section, EPOS till, Coffee Machine (2 Group), preperation counter, under counter fridge, ice machine. Tables and chairs providing seating for 25 People, CCTV system (4 cameras)

Preperation Kitchen with Dough mixer, preparation table, microwave.

Basement in the region of 240 ft², used for storage purposes

Small staff kitchen

Staff Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 70% approx. (10% ONLINE SALES)

Staff

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

Trading Hours

7 Day week
MONDAY - THURDAY 11am - 7pm
FRIDAY & SATURDAY 11am - 10pm
SUNDAY 11am - 9pm

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £40,000 p.a. + VAT In addition we understand there is a Service charge of £13,700 p.a. approx. + VAT

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 OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote