Front area with space for 4 tables and 12 chairs to -
COFFEE SHOP/SANDWICH BAR (can be open front - weather permitting). Quality tiled floor, ceiling lighting. Well fitted including tables and chairs plus breakfast bar with stools providing seating for a total of 14 persons. Hot/cool display unit, cool display serveover counter, electric cash register, 2 group coffee machine, coffee grinder, filter coffee machine, menu blackboards, 2 small under-counter fridges, upright stainless steel fridge, upright stainless steel deep freeze, 4-slice toaster, double panini toaster, chest deep freeze, 2 electric convection ovens, double electric hob.
Stockroom with upright deep freeze
Cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st March, 2007 showed £147,925 with a gross profit of £88,454.
Staff
The business is at present operated by the vendor with the assistance of 2 full time plus 1 part time staff. In our opinion, with an active husband and wife team, the wage bill could be reduced.
Opening
Hours
Monday - Friday inclusive - 7 a.m. - 4 p.m.
Saturday - 8 a.m. - 4 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.
Tenure
We understand the premises have been held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £14,500 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter after the following 5 years. In addition, we understand there is a current service charge of £500 per quarter, this incluldes rubbish collection plus parking space for 1 car.
Uniform Business Rates: £4,580 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS offers in region of £98,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
