Old Established Cafe in Surrey For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, Surrey.

Turnover £ 2,500
Price £110,000

Features

Old Established Cafe

6 DAYS OPENING
FORECOURT WITH SEATING 4 POEPLE
4 STAR HYGIENE RATING

SINGLE FRONTED CAFÉ in the region of 765 ft² with tiled floor. LED lights, cool display counter with refrigerated storage section, cash register, coffee grinder, Coffee Machine (2 Group). Tables and chairs providing seating for 40 People.

Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 4-burner), Oven, grill, deep fryer (2 pan), microwave, toaster, painini machine, fridge, freezers, dishwasher, double sink and drainer.

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

Stock room.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a Gross profit of 65% approx. (No Portals)

Staff

The business is at present operated by 2 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 8am - 3pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

1 Large double Bedroom
Lounge.
Kitchen.
Shower room with shower, w.c. and wash hand basin.

Outside

Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2020 with reviews every 4 years (next review 2028) at a current rent of £15,000 p.a.

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

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote