Licensed Cafe and Gift Shop in Leicestershire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Leicestershire.

Turnover £ 2,000
Price £40,000

Features

Licensed Café Plus Gift Shop

6 DAYS OPENING
FORECOURT WITH SEATING FOR 8 PEOPLE
ADDITIONAL DECKING AREA WITH SEATING FOR 40 PEOPLE

DOUBLE FRONTED PREMISES in the region of 1,460 ft², tiled floor, suspended ceiling with spot and hanging lighting. Bar (1 Tap), EPOS till, ice machine, display shelving. Tables and chairs providing seating for 20 People (could be expanded), CCTV system (4 cameras, 1 monitor), Coffee Machine (2 Group), coffee grinder, cake display unit, under counter triple fridge.

Additional Lounge with Tables and chairs providing seating for 14 People

LARGE KITCHEN stainless steel extractor unit, Cooker (electric 4 ring), grill, 2 x deep fryer, griddle, plate warmer, 3 x microwave, large fridge, fridge/freezer, large upright freezer,, 2 x freezer, dishwasher.

Walkin coldroom.

Toilet with w.c., wash hand basin and baby changing facility.

First floor in the region of 410 ft² in with Tables and chairs providing seating for 14 People plus display area for gifts.

Aditional Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx. (£300 ONLINE SALES)

Staff

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

Trading Hours

6 Day week
MONDAY - SATURDAY 9am - 3pm

Accommodation

THE ACCOMMODATION, Double-glazed windows. The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Kitchen.
Shower room with shower cubicle, w.c. and wash hand basin.
Dining Room.

Outside

Private courtyard area

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 2022 with reviews every 5 years (next review 2027) at a current rent of £15,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote