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Reference R2802

Licensed Café and Pizza Restaurant in Buckinghamshire For Sale

Excellent trading position, BUCKINGHAMSHIRE

Turnover £ 11,500
Price £225,000

Features

Licensed well Equipped Coffee Shop / Sandwich Bar, Pizza & Pasta Restaurant

Front area with tables & chairs providing seating for 30/40 persons

To the rear of the Coffee Shop is a spacious paved open area providing tables & chairs for an additional 40/50 persons with parasols, heaters & lighting.

The ATTRACTIVE COFFEE SHOP has tables & chairs for approximately 35 persons. Well equipped including counter, computerised till, 2 open cool stainless steel display units, cool display counter, heated display cabinet, 2 group coffee machine, coffee grinder, soft ice cream deep freezer, under-counter fridge etc.

SMALL KITCHEN with 2 CiBoovens, dishwasher, sink plus additional small sink, wash hand basin, under-counter deep freezer.

Pizza preparation area, marble top & topping bins, pizza oven, 6-ring hob with oven, dough mixer, roller

Stairs to first floor customers' cloakroom with w.c. & wash hand basin

PREPARATION ROOM with non-slip floor, Gelato area with pasturiser, ice cream maker, upright deep freezer, double door stainless steel deep freezer, 4 stainless steel tables, convection oven, ice cream machine, walk-in coldroom etc.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £11,000 p.w. - £12,000 p.w. with a Gross profit of 70% approx.

Staff

The business is at present operated by the vendor's occasional participation and 2 full time and 7 part time staff employed.

We are informed the wage bill averages £2,500 p.w. approx.

Trading Hours

7 Day week
MONDAY / TUESDAY 9 a.m. - 5 p.m.
WEDNESDAY / THURSDAY 9 a.m. - 9 p.m.
FRIDAY / SATURDAY 9 a.m. - 9.30 p.m.
SUNDAY 9 a.m. - 4 p.m.

Outside

Optionalk parking space available on permit.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £32,000 p.a. plus VAT

In addition we understand there is a Service charge of £11,132 p.a. plus VAT approx.

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

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £225,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 112,500 (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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