Spaciouse Newly Fitted Café in Surrey For Sale

Situated in a parade, excellent main road trading position, business & residential sector, SURREY

Turnover £ 2,500
Price £69,500

Features

Spacious Double Fronted Fully Equipped Café Serving Hot and Cold Food In A Thriving Commercial Location

5 star Hygiene Rating

Front area with space for tables & chairs for 16 persons.

SPACIOUS CAFÉ / SANDWICH BAR with wood flooring, ceiling with inset spotlighting plus LED lighting. Seating 50. The equipment includes cool display serve over, sales counter, 2 group coffee machine, coffee grinder, juicer, hot display cabinet, oven, griddle, microwave, blender, upright double door glass fronted display fridge, double sink & drainer, 2 stainless steel tables, 1 double panini machin, 2-door counter fridge.

2 customers' cloakroom each with w.c. & wash hand basin

Office area

Rear store area with 2 chest deep freezers.

Turnover

WE ARE INFORMED the turnover averages £2,500 p.w., in our opinion offering tremendous potential for further development in the right hands.

Staff

At present operated by the vendor plus 2 part time staff

Trading Hours

Monday - Saturday inclusive - 9 a.m. - 2 p.m.
NO SUNDAY TRADING

There is demand and potential for longer opening hours.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED is at present let & provides a rental of £1,000 per month, however we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Fitted kitchen

Outside

Yard at rear with parking for 2 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £20,200 p.a. + VAT (As appreciated with the current rent income of £12,000 p.a. from the flat, the net rental payable at the present time is £8,200 p.a + VAT).

Uniform Business Rates from April, 2025: £5,000 p.a. approx. (Under appeal) (Please contact local authority to confirm)

THE BUSINESS HAS BEEN EXTENSIVELY REFURBISHED AND UPGRADED BY THE VENDOR WHO TOOK OVER IN 2024 AND IS SOLELY SELLING DUE TO ILL HEALTH.

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 34,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote