Well Fitted Licensed Cafe Restaurant in Leicestershire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Leicestershire.

Turnover £ 3,000
Price £79,500

Features

Licensed Café / Restaurant

NEWLY FITTED in 2020
5 DAYS OPENING
5 STAR HYGIENE RATING
FORECOURT WITH SEATING FOR 12 PEOPLE (Pavement Licence)
REAR GARDEN WITH SEATING FOR 27 PEOPLE.

DOUBLE FRONTED PREMISES in the region of 1,185 ft² with wood strip & industrial non-slip floor, LED Panel lights, sales counter, EPOS till, Coca-Cola fridge, cake display fridge, under counter fridge, Button to cup coffee machine, hot water earn, blender, milk frother, coffee percolator, Tables and chairs providing seating for 45 People.

Kitchen, stainless steel extractor unit, Cooker (Gas 6-burner), bain marie, 3 microwave, griddle, 2 fridge, 4 freezer, grill, deep fryer (2 pan).

Toilet with w.c. and wash hand basin.

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

Store room, freezer.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (NO PORTALS)

Staff

The business is at present operated by the vendor plus her partner with the assistance of 3 part time staff.

Trading Hours

5 Day week
TUESDAY - SATURDAY 9am - 3pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £850 per month. The accommodation comprises:

2 double Bedrooms
Lounge.
Kitchen / Diner.
Bathroom with bath, w.c. and wash hand basin.

South Facing Balcony

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2023 with reviews every 3 years (next review 2029) at a current rent of £27,500 p.a.

Business Rates from April 2025 £4,050 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote