Coffee Shop in Redhill For Sale

Situated in a parade, excellent trading position, SURREY REDHILL

Turnover £ 7,500
Price £155,000

Features

Profitable Coffee Shop / Sandwich Bar

FORECOURT WITH SEATING FOR 40 PERSONS WITH CANOPY.

4 STAR HYGIENE RATING.

SINGLE FRONTED PREMISES in the region of 3,500 ft² Over 3 floors. Air conditioning with hot air. Tiled floor, suspended ceiling with spotlights. Tables and chairs providing seating for 35 persons. Sales counter, cash register.

KITCHEN. Stainless steel extractor unit, 4-burner gas cooker, oven, 3 microwaves, 2 fridges, 3 freezers, preparation fridge, coffee grinder, 3 group coffee achine, double sink and drainer

First Floor in the region of 2,000 ft²

2 Stock rooms used for storage
2 Additional rooms

In our opinion the first floor could be developed as an additional seating area, if desired.

Second floor in the region of 360 ft²
Toilet with 2 w.c. and wash hand basin and shower

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with £1,500 night time Sisha. NO DELIVERIES

Staff

The business is at present operated by the vendor with 3 full time & 3 part time staff.

Trading Hours

7 Day week
MONDAY - THURDAY 7.30 a.m - 10 p.m
FRIDAY & SATURDAY 7.30 a.m. - 11 p.m
SUNDAY 7.30 a.m - 5 p.m

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2014 with reviews every 5 years (next review 2024) at a current rent of £36,000 p.a. plus VAT

Landlord happy new lease at terms to be agreed

Business Rates from April 2023 £2,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2001, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £155,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 77,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote