Traditional Cafe in Surrey For Sale

Situated in a parade, main road trading position, residential, office and commercial area, SURREY

Turnover £ 4,500
Price £105,000

Features

Traditional Café Restaurant

4 STAR HYGIENE RATING
Service road to front with parking
FORECOURT WITH SEATING FOR 4 PEOPLE

DOUBLE FRONTED PREMISES in the region of 1,140 ft² WITH ELECTRIC SHUTTERS & CANOPY, tiled floor, suspended ceiling with fluorescent lighting and spokt lights, TV, cool display counter with refrigerated storage section, cash register, CCTV system (4 cameras, 1 monitor).

Toilet with w.c. and wash hand basin.

Kitchen, stainless steel extractor unit, Cooker (Gas 4-burner), Garland Flat grill, grill, bain marie (4-pot), 2 x Deep fryer, 3 fridges, 6 freezers, 2 commercial microwave, dishwasher (commercial), double sink and drainer

Basement in the region of 570 ft² potential for accommodation, subject to planning.
2 Rooms
Toilet with w.c. and wash hand basin & Shower..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 65% approx. (£1,000 ONLINE PLATFORMS)

Staff

The business is at present operated by the Husband & Wife team with the assistance of 3 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 6.30am - 4pm
SUNDAY 7.30am - 4pm

Outside

Parking space for 3 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 2015 with reviews every 5 years (next review 2025) at a current rent of £16,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 52,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote