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WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £245,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Electric shutters to attractive shop front (can be open front, weather permitting).
Front area with parquet floor. Rear section with granite floor. Air conditioning unit. Ceiling with inset lighting. Tables and chairs providing seating for 22 persons (can be increased). Cool display serveover counter with refrigerated storage section, attractive cool display patisserie display counter, counter with brick facia, cherry wood storage cupboards, electronic cash register, jacket potato oven, 6-slice toaster, grill, double panini toaster, Wega 3 group coffee machine (on loan), coffee grinder (owned), ice cream deep freeze (owned), attractive slimline open cool display unit (for soft drinks).
Rear preparation room with ice machine, upright glass fronted fridge, small fridge, microwave oven
Rear small kitchen with electric cooker, extractor unit, sink, dishwasher etc.
Customer's cloakroom with w.c. and wash hand basin
Entrance to rear yard, in our opinion could be converted into a patio area providing space for tables and chairs for up to 20 persons (weather permitting)
Rear store having potential to convert into an office
Staff
The business is at present operated by a husband and wife team with the assistance of 2 full time staff.
Opening
Hours
Monday - Saturday inclusive - 7.30 a.m. - 6 p.m. in our opinion having potential for additional opening hours and indeed for Sunday opening, if desired.
Accommodation
The accommodation in the form of a SELF CONTAINED MAISONETTE over, which does require some redecoration, fully DOUBLE GLAZED (new approx. 2 years ago) is at present let and provides a rental income of £900 per month, however, we understand that vacant possession can be given on completion. The accommodation comprises:
3 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge
Kitchen
Tenure
We understand the premises are held on a secure renewable lease for a period of 20 years from the 20th June, 2005 at a rental of £23,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.