Traditional Cafe in Surrey For Sale

Residential area, SURREY.

Turnover £ 1,000
Price £27,500

Features

Traditional Workingman's Café & Sandwich Bar

6 DAYS OPENING

5 STAR HYGIENE RATING

STREET PARKING TO FRONT

SINGLE FRONTED PREMISES, in the region of 775 ft², WITH ELECTRIC SHUTTERS, Tiled flooring with plasterboard ceiling with tube lighting.

Tables and chairs seating 36 prople.

Sales counter, electric cash register, soft drinks fridge, under counter fridge.

KITCHEN - Stainless steel extractor, Oven, 4 burner hob, toaster, microwave, deep fat fryer, grill, bain marie (4 pot), single door fridge, 3 chest freezers, stainless steel preparation table, double sink and drainer, etc.

Cloakroom with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,000 p.w. with a Gross profit of 60% approx.

Staff

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

Trading Hours

6 Day week
MONDAY - SATURDAY 6 a.m. - 3 .p.m.

Outside

Patio area at rear of Café with potential seating for 30 persons.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2021 with reviews every 4 years (next review 2029) at a current rent of £11,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2007, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £27,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 13,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote