Independent Café in West Sussex For Sale

Situated in a Parade, prominent trading position, residential area, West Sussex.

Turnover £ 450
Price £25,500

Features

Independent Café

5 DAYS OPENING ~ A3 CONSENT

FORECOURT WITH SEATING FOR 24 PEOPLE

SINGLE FRONTED PREMISES in the region of 275 ft² with tiled floor, ceiling with spot lights, sales counter, cash register, drinks display fridge (glass fronted upright, Tables and chairs providing seating for 16 People.

Open plan kitchen area, advent extractor,King Edward potato oven, microwave, Bean to cup Coffee Machine, 2 fridge, freezer

Turnover

WE ARE INFORMED by the owner the turnover currently averages £450 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 2 part time staff.

Trading Hours

5 Day week
TUESDAY - SATURDAY 10am - 3pm

SUMMER MONTHS
MONDAY - SATURDAY 10am - 4pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £10,200 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £25,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 12,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote