Licensed Cafe Restaurant in Hampshire For Sale

Unopposed trading position, excellent trading position, residential area, near the beach, Hampshıre.

Turnover £ 7,400
Price £649,500

Features

Freehold Licensed Café Restaurant

10pm LICENCE
5 STAR HYGIENE RATING
6 DAYS OPENING (licenced to open 7 days)
OUTSIDE PATIO AREA WITH SEATING (4 huts seating 24, benches for 18 and additional bistro tables for 12, can be expanded

DETACHED DOUBLE FRONTED UNIT with laminated strip floor, spot lights, sales counter, EPOS till, Coffee Machine (2 Group), coffee grinder, ice cream machine, ice cream freezer (x2), drinks display fridge (glass fronted under counter sliding-door), upright cake display fridge, microwave. Tables and chairs providing seating for 40 People, including a large table for larger groups.

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

Kitchen with stainless steel extractor unit, Cooker (Gas 6-burner), 2 x grill, 2 x microwave, etc.

Stock room 2 x fridge, 2 x freezer.

Cake Preparation Area.

Walkin coldroom.

Mezzanine level with Tables and chairs providing seating for 16 People, Toilet with w.c. and wash hand basin.

Store room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,400 p.w. with a Gross profit of 55% approx. (No online sales)

Staff

The business is at present operated by the lady vendor with 3 full time & 12 part time staff.

Trading Hours

6 Day week
TUESDAY - SUNDAY 9am - 4pm

Outside

Outside shed for waste bins and storage

Tenure

FREEHOLD.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2013, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £649,500 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 454,650 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote