Most Attractive Cafe in Surrey For Sale

Situated in a small parade, excellent trading position, residential area, close to Station, Surrey.

Turnover £ 3,500
Price £345,000

Features

Old Established Café

6 DAYS OPENING
FORECOURT WITH SEATING FOR 10.

DOUBLE FRONTED PREMISES in the region of 615 ft² WITH ELECTRIC CANOPY, tiled floor, hanging light, sales counter, EPOS till, Air conditioning with hot air, Tables and chairs providing seating for 34 People.

Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 4-burner), deep fryer (2 pan), bain marie, large griddle, Blue Seal Oven, commercial microwave, Coffee Machine (2 Group), coffee grinder.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 65% approx. (NO PORTALS)

Staff

The business is at present operated by the vendor with 1 full time & 2 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 8am - 4pm

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £16,000 p.a. for the first 4 years.

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

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £345,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 241,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote