Well fitted Café in Surrey For Sale

Situated end of parade of 4 shops, residential area, with the advantage of a business park nearby, SURREY.

Turnover £ 4,600
Price £125,000

Features

Well Fitted Day Time Café

5 DAYS OPENING
Space for 10 cars shared by 3 other shops in the parade

DOUBLE FRONTED PREMISES in the region of 665 ft² with Brand New Canopy, vinyl floor, suspended ceiling with hanging lights, cool display counter with refrigerated storage section, EPOS till, Coffee Machine (2 Group), 2 Coffee Grinders, open cool display unit (2 metres). Tables and chairs providing seating for 20 People.

Kitchen with stainless steel extractor unit, Electric Cooker, griddle, 2 microwave, 3 under counter fridge, double freezer, Counter top deep fryer (2), potato oven, 3 induction hobbs, Toaster, Bonzer can opener, dishwasher, sink and drainer.

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

Stock room with Racking, 2 x upright Fridges, 2 x Upright Freezers and 1 chest freezer

Office with PC and Printer

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,600 p.w. with a Gross profit of 72% approx. (No online portals)

It will be appreciated upon inspection that there is terrific potential to increase the sales by introducing deliveries.

Staff

The business is at present operated by 3 full time staff & 1 part time staff.

Trading Hours

5 Day week
MONDAY - FRIDAY 7am - 3pm

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Brand New Double Glazed windows, at present let on a shorthold tenancy providing a rental income of £1,350 per month . The accommodation comprises:

2 Bedrooms (1 double, 1 Single).
Lounge/Kitchen
Bathroom with Shower and Wash Hand Basin Separate WC

Outside

Space for 3 cars in service road

Wooden built external kitchen with 3 phase Separate Electricity supply, Mains Water and Waste – Double Sink and drainer/stainless steel units and undercounter dishwasher.

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 2023 with reviews every 5 years (next review 2028) at a current rent of £ 22,500p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote