Old Established Cafe in Hampshire For Sale

Situated in main High Street, excellent trading position, sought after residential area, HAMPSHIRE

Turnover £ 2,200
Price £49,500

Features

Old Established Café (closed Due To Owners Ill Health)

5 DAYS OPENING
GRADE II LISTED
5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, carpet, ceiling with spot lights, sales counter, cash register, Coffee Machine (2 Group), coffee grinder.

Toilet with w.c. and wash hand basin.

Kitchen window extractor, Electric Cooker, deep fryer (2 pan), grill, microwave oven (commercial), stainless steel tables, 3 door under countrer fridges, fridge, freezer

Pot wash area, dish washer.

Cellar used for storage.

Turnover

WE ARE INFORMED by the owner the turnover when trading was £2,200 p.w. with a Gross profit of 65% approx.

Trading Hours

Was open MONDAY - FRIDAY 9am - 4pm It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2023 with reviews every 3 years (RPI linked) next review 2024 at a current rent of £14,172 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2009, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote