Cafe Restaurant in Surrey For Sale

Situated in a parade, excellent main road trading position, SURREY

Turnover £ 4,750
Price £104,995

Features

Well Established Lock-up Café / Restaurant

Front area with space for 3 tables & 9 chairs to -

SPACIOUS, in the region of 600 sq ft, DOUBLE FRONTED CAFÉ/RESTAURANT with full gas fired central heating. Tiled floor, plasterceiling with LED spotlights. Tables & chairs providing seating for 50 persons. Sales counter, electric cash register, 2 group coffee machine, hotwater boiler, large fridge, under-counter fridge, fridge/freezer, stainless steel fridge.

KITCHEN AREA with stainless steel extractor, double sink & drainer, 4-pot bain marie,grill, toaster, double basket gas deep fryer, 6-burner gas cooker with double oven, 3 commercial microwave ovens, microwave oven, fridge freezer, 2 stainless steel tables

2 storerooms. Large stainless steel fridge, upright deep freezer, 2 commercial chest deep freezers

Fully tiled ladies' cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakroom with urinal, w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £4,750 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 3 full time & 1 part time staff. Wages paid £1,000 p.w.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 4 p.m.
Sunday opening - 6 a.M. - 4 p.m.

Outside

Yard at rear. Parking space

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing & insuring lease, 5 yearly reviews at a rent £19,000 p.a.

Uniform Business Rates: Nil payable at present after small business relief (Please contact local authority to confirm)

THE CAFÉ/RESTAURANT HAS BEEN IN THE SAME FAIMLY SINCE 1987 AND THERE ARE GENUINE REASONS FOR SALE.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £104,995 plus STOCK AT VALUATION
SUBSTANTAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 52,498 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote