Coffee Shop & Bar plus Entertainment Venue in Berkshire For Sale

Modern premises, main road trading position, residential and commercial area, Berksire.

Turnover £ 7,000
Price £199,950

Features

First Floor Multi Entertainment Venue with Coffee Shop, Cocktail & Craft Beer Bar, Wine Merchants, Gaming and E-sports Zones

FIRST FLOOR PREMISES in the region of 3,000 ft²

6 DAYS OPENING

Ground floor entrance to first floor premises - CCTV (6 cameras), STAIR CASE TO FIRST FLOOR.

Coffee Shop area - Counter, touchscreen cash register. 2 group coffee machine (on hp), grinder (on hp), under counter fridges, smoothy maker, chilled display cabinet, wash hand basin.

Wine Bar / Merchant - Sales counter, display fridge, tall display racking, secure display cabinet.

Dart games zone - (laminate wood flooring) - 2 alleys each with interactive television and dartboard, touch screen.

Gaming area - 12 gaming chairs, 10 nintendo switch consoles, 5 pcs with monitors.

Bar area - Counter, touch screen cash register, 4 draft pumps (low maintenance Hinekein smart system), 2 under counter fridges, glass washer, spirit display shelving, was hand basin, cocktail gun dispenser.

Separate catering kitchen - Insudustrial non slip lino flooring, tube lighting. Self contained stainless steel recirculating extractor, grill, rationale oven, hot plate with wok holder, full height upright single door fridge, full height upright single door freezer, stainless steel preparation table with fridge beneath, double sink and drainer, dishwasher,

Customer cloakroom with toilet and wash hand basin.

Disabled cloakroom with toilet and sink.

Storage area (shared)

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 60% approx.

Staff

The business is operated by 3 full time and 2 partime staff plus the vendors as required.

We are informed the wage bill averages £2,000p.w. approx.

Trading Hours

6 Day week
Tuesday 12 noon - 9 pm
Wednesday 11am - 9 pm
Thursday 11am - 10 pm
Friday 9 am - midnight
Saturday 9 am - midnight
Sunday 10am - 10 pm

CLOSED MONDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £39,000 p.a. (incl VAT)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022

Business Rates from April 2023 £9,088 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £199,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 99,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote