Italian Delicatessen Cafe in East Sussex For Sale

Situated in a parade, excellent trading position, EAST SUSSEX

Turnover £ 1,000
Price £35,000

Features

Authentic Italian Deli Café


Tables and chairs for outside seating.

5 STAR HYGIENE RATING ~ 6 DAYS OPENING

DOUBLE FRONTED PREMISES, in the region of 400 ft², WITH ELECTRIC SHUTTERS - Laminate flooring, plasterboard ceiling with spot lights.

Tables and chairs seating 14 people.

Sales counter - Electronic cash register, Rancilio coffee machine (2 groups) grinder, knock out drawer, 2 soft drinks fridges, freezer, double grill, and a conventional oven, ambiant display counter, gravity feed slicer, sink with drainer, wash hand basin, stc.

Customer cloakroom with toilet and wash hand basin.

Staris to Basement, in the region of 250 ft².

Use for storage.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

6 Day week
TUESDAY - SUNDAY 9.30 am - 5 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 6 years in 2022 with reviews every 3 years (next review 2025) at a current rent of £12,000 p.a.

Business Rates from April 2024 £1,400 approx. Eligible for small business relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 17,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote