No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. (It should be noted that included in the turnover is approx. £1,500 p.w. from a Sandwich Round operated to local offices Monday - Friday inclusive from 8.30 a.m. - 1 p.m). Gross profit 65% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
ATTRACTIVE & SPACIOUS DOUBLE FRONTED COFFEE SHOP/SANDWICH BAR with ceramic tiled floor, suspended ceiling with concealed lighting. Tables and chairs providing seating for 20 persons. Cool display counter, electronic cash register, 2 group coffee machine, 2 panini toasters, baked potato machine, 2 open cool display units (for soft drinks).
Customer's cloakroom with w.c. and wash hand basin
Stairs to basement kitchen with tiled floor. The equipment includes 6-burner gas cooker, 3-door stainless steel fridge, sink and drainer, wash hand basin plus additional 2 rooms, 1 with fridge, for chest deep freezes and steam oven.
It will be appreciated upon inspection that the front room in the basement could be an additional seating area and has an open fireplace.
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of 2 part time staff plus additional casual staff when required. Wages paid in the region of £900 p.w. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced.
We understand the premises are held on a secure renewable lease having approximately 14 years unexpired at a rental of £17,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,950 p.a. approx. + water rates
