Well fitted COFFEE SHOP plus adjoining Portuguese Grocers with FULL OFF LICENCE
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 £2,600 p.w. (including income from 3 amusement machines on loan). Gross profit 50% approx.
Price
TO INCLUDE THE TWO LEASES, GOODWILL, FIXTURES & FITTINGS £102,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Attractive Coffee Shop with fluorescent lighting. Tables and chairs providing seating for 26 persons. Cool display serveover counter, 2 group coffee machine, coffee grinder, extractor unit, convection oven, juice machine, dishwaster, stainless steel table, grill, 4-burner electric cooker etc.
Staff cloakroom
Included in the sale is the adjoining Portuguese Grocers with Full Off Licence (selling wines and beers). Spacious single fronted Sales Shop with 4 large glass topped chest deep freezes (on loan), modern adjustable shelving, counter, electronic cash register, electronic scales, gravity feed slicer, dairy display unit etc.
We are informed the turnover averages £2,600 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 35% approx.
The business is a family run concern.
Opening hours - 8 a.m. - 7 p.m. seven days per week.
We understand the premises in respect of the Coffee Shop are held on a secure renewable lease having approx. 6 years unexpired at a rental of £10,800 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: £2,000 p.a. approx. + water rates
We understand the premises in respect of the adjoining Portuguese Grocers are held on a secure renewable lease having approx. 14 years unexpired at a rental of £9,600 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £2,300 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED
