Sandwich Bar and Cafe in Redhill For Sale

Situated in a parade, prime trading position, opposite an entrance to the main shopping centre, SURREY REDHILL

Turnover £ 5,000
Price £74,995

Features

Fully Equipped Sandwich Bar / Café A3 Use

Front area (not owned by the Café) space for 2 tables & 4 chairs)

SINGLE FRONTED SANDWICH BAR/CAFÉ in the region of 750 sq. ft. with double door entrance, woodstrip floor, high ceiling with fluorescent lighting. Tables & chairs providing seating for 22 persons. 2 cool display serveover counters, 1 hot display counter, electronic cash register, 2 group coffee machine, coffee grinder, 1 commercial & 1 domestic microwave oven, 1 large plus 1 small panini toaster, open soft drinks display unit, 4 open Coca Cola drinks display fridges (all on loan) etc.

LEVEL 'L' SHAPED KITCHEN with non-slip floor, stainless steel cladding to walls, 6-burner gas cooker with oven, double deep fryer, electric oven (used for baguettes), hot food cabinet, stainless steel table, 3 fridges, 2 chest deep freezers, 1 upright deep freezer, upright double door stainless steel fridge, double sink & drainer etc.

Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the overall turnover is in excess of £5,000 p.w. The business also undertakes buffets to offices in the local area. We are further advised that the gross profit is in the regon of 60%.

Staff

At present operated by the vendor plus 2 full time plus 1 part time staff.

Trading Hours

Monday - Friday inclusive from 7.30 a.m. - 4 p.m.
Saturday opening - 8.30 a.m. - 4 p.m.
CLOSED ALL DAY SUNDAY

Outside

Rear access with space for rubbish bins

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new 16 years full repairing and insuring lease at a rental of £22,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,500 p.a. approx.

OWNED SINCE 2017 AND SOLELY OFFERED FOR SALE DUE TO OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £74,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,498 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote