Licensed Cafe Restaurant in Surrey For Sale

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

Turnover £ 2,100
Price £40,000

Features

Licensed Cafe and Restaurant

4 STAR HYGIENE RATING

Attractive & spacious front area with tiled floor and railings. Front area with space to accommodate 12 persons can be extended.

DOUBLE FRONTED PREMISES in the region of 500 ft² plus side window CAFÉ with Ceramic tiled floor, suspended ceiling with concealed lighting. Attractive menu boards. Tables and chairs providing seating for 38 persons. Cool display serveover counter, electronic cash register, 2 group coffee machine, coffee grinder, upright double door glass fronted display fridge (on loan from Coca Cola).

Level open plan kitchen with tiled floor, stainless steel extractor with stainless steel cladding to walls, electric double deep fryer, large gas griddle, 4-burner gas cooker with oven, Merrychef, stainless steel work surface, panini toaster, chest deep freeze, 4-slice toaster, 2 upright stainless steel Fosters fridges, 1 upright stainless steel deep freeze, 1 additional fridge, dishwasher, double sink and drainer etc.

Fully tiled ladies'/disabled cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,100 p.w. with a Gross profit of 65% approx. (£250 p.w. online)

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time staff.

Trading Hours

7 Day week (11pm licence)
MONDAY - FRIDAY 7am - 4pm
SATURDAY 8am - 4pm
SUNDAY 9am - 4pm

Outside

Rear garden

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2022 with reviews every 4 years (next review 2026) at a current rent of £20,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote