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Reference R2615
Turnover £ 6,000
Price
£125,000
Features
Well Fitted Coffee and Sandwich Bar
FORCOURT WITH SEATING FOR 6 PEOPLE
5 STAR HYGIENE RATING
6 DAYS OPENING
DOUBLE FRONTED PREMISES in the region of 780 ft² WITH CANOPY all fitted to a high standard with Kardean flooring, down lights, cool display counter with refrigerated storage section, cash register, coffee grinder (on loan), Coffee Machine (2 Group), 3 commercial microwave ovens, drinks display fridge (glass fronted upright double-door), double Panini grill, 6 slot toaster, 4 slot sandwich toaster, Tables and chairs providing seating for 30 People.
Toilet with w.c. and wash hand basin.
Kitchen with extractor, grill, griddle, dishwasher (commercial), Electric Cooker, 3 deep freeze.
Walkin coldroom.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx. (10% online sales)
Staff
The business is at present operated by the vendor with 2 full time & 1 part time staff.
Trading Hours
6 Day week
MONDAY - FRIDAY 7am - 3pm
SATURDAY 7am - 2.30pm
Outside
Small Yard with Parking space for 1 car.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in December 2002 with reviews every 5 years (next review 2027) at a current rent of £19,400 p.a.
We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.
Business Rates from April 2025 £2,000 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1996, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
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
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