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Reference R2802
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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