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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Shopping centre, residential area, WEST MIDLANDS (Please register to make appointments and view addresses)

Front area with tables and chairs for 12 persons to -

SINGLE FRONTED COFFEE/SANDWICH SHOP with tiled floor. Tables and chairs providing seating for 16 persons (can be increased). Cool display serveover counter, hot display cabinet, 1 group coffee machine, electronic cash register.

Kitchen at rear with non-slip floor. The equipment includes grill, 1 2-burner electric hob, deep fryer, electric turbo fan assisted oven, 3 fridges, 3 deep freezes, double sink and drainer, wash hand basin etc.

Staff cloakrook with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65%/70% approx.

The business is at present operated by a husband and wife team with the assistance of 2 full time and 2 part time staff.

Monday - Friday inclusive - 8 a.m. - 4.30 p.m.
Saturday opening - 8 a.m. - 2 p.m.
NO SUNDAY TRADING

The SELF CONTAINED MAISONETTE is at present let on a shorthold tenancy and provides a rental income of £600 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

4 Bedrooms (3 doubles, 1 single)
Bathroom with bath
Separate w.c.
Lounge
Kitchen

Yard at rear with parking space for 2 cars.

We understand the premises are held on a secure renewable lease having 10 years unexpired from September, 2008 at a rental of £13,000 p.a. exclusive of rates up to September, 2013, with rent to be agreed thereafter.

Uniform Business Rates: £4,100 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

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

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