Immaculate Licenced Coffee Bar in Surrey For Sale

Situated in a parade, excellent trading position, sought after residential area, SURREY

Turnover £ 7,500
Price £160,000

Features

Immaculate Licensed Coffee Bar

6 DAYS OPENING

4 STAR HYGIENE RATING

Outside tables and chairs seating 12 people.

DOUBLE FRONTED PREMISES, PREMISES IN THE REGION OF 700 ft², WITH ELECTRIC SHUTTERS, BIFOLD DOORS, CCTV, Tiled floor, Suspended ceiling with LED lighting.

Tables and chairs seating 36 people.

Sales counter, EPOS cash register, 2 group coffee machine (on loan), grinder (on loan), 2 display fridges, 2 under counter fridge, wash hand basin, soft drinks fridge, etc,

Seperate Kitchen - Stainless steel extractor, double basket deep fat fryer, 6 burner hob, oven, grill, microwave, paini toaster, smoothy maker, fridge, freezer, dishwasher, glass washer, ice machine, double sink and drainer, stainless steel preparation table, etc,

Ladies cloakroom with toilet and wash hand basin.
Gentlemans cloakroom with toilet and wash hand basin.

Store room - 2 freezers, fridge, bread oven, shelving.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w.

Staff

The business is at present operated by the vendor with 2 full time and 2 part time staff employed.

Trading Hours

6 Day week
TUESDAY - THURSDAY 9 am - 5 pm
FRIDAY & SATURDAY 9 am - 7 pm
SUNDAY 9am - 5pm
CLOSED MONDAY

Tremendous scope and demand to increase opening hours.
Premises licence to serve alcahol until 10 pm

Outside

Small garden to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2021 with reviews every 4 years (next review 2025) at a current rent of £17,000 p.a.

Business Rates from April 2024 £1,200 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 80,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote