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Superb well fitted COFFEE SHOP/SANDWICH BAR
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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
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Location |
Situated in a parade, excellent trading position, town centre, HERTFORDSHIRE
(Please register to make appointments and view addresses) |
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Features |
Front area providing space for 3 tables and 9 chairs to
ATTRACTIVE SINGLE FRONTED COFFEE SHOP/SANDWICH BAR approx. 600 sq. ft. with Amtico flooring, spotlighting plus pendant lighting. Tables and chairs providing seating for 20 persons. Impressive counter with cool display section, electronic cash register, 2 group coffee machine, double panini toaster, sink, wash hand basin, 3-pot bain marie, toaster, 2-door stainless steel counter fridge, 2 microwave ovens, under-counter deep freeze etc.
Stairs to first floor also in the region of 600 sq. ft.
Customer's cloakroom with w.c. and wash hand basin
Kitchen, non slip floor, electric oven, upright stainless steel fridge, sink and drainer.
Storeroom with 2 chest deep freezes, stainless steel tables
In addition there are 2 further rooms.
It will be appreciated upon inspection that there is potential to convert the first floor area into small living accommodation, subject to the necessary planning permission.
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Turnover |
WE ARE INFORMED the turnover currently averages £1,800/£1,900 p.w. in our opinion offering tremendous potential for further increase, especially with deliveries and indeed actively offering buffets. Gross profit 65% approx.
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Staff |
The business is at present operated by the vendor with the assistance of his wife on Saturdays plus 1 full time and 1 part time staff.
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Opening
Hours |
Monday - Saturday inclusive - 9 a.m. - 4 p.m.
NO SUNDAY TRADING
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Outside |
Service area at rear with parking
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Tenure |
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £10,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (Please note that subject to negotiation the vendor is prepared to grant a shorter lease, if desired).
Uniform Business Rates: £2,900 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
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Price |
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: R9207
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