Spacious Licensed Cafe in Buckinghamshire For Sale

Busy road, sought after residential area, wealthy SOUTH BUCKINGHAMSHIRE LOCALITY

Turnover £ 3,500
Price £95,000

Features

Most Attractive & Spacious Licensed Coffee Shop / Cafe (with A3 Use)

5 DAY OPENING

Outstanding opportunity to acquire an attractive Licensed Coffee Shop/Cafe catering for breakfasts & lunches, takeaway only at present. Pre-covid operated as a 40 seat café 7 days per week. Additionally opened Friday & Saturday evening for 'Cheese & Wine' nights.

Layby in front of parade providing ample customers car parking

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

SPACIOUS COFFEE SHOP/CAFE with laminated strip floor, ceiling with inset spotlighting. Tables and chairs plus settees and armchairs providing seating for 38/40 persons. Cool display serveover counter with refrigerated storage section, additional deli counter, electronic cash register, 2 group coffee machine, coffee grinder, Burco water boiler, stainless steel tables, 2-door stainless steel fridge, wash hand basin etc

ADJOINING THE COFFEE SHOP is an additional seating area with quality tiled floor providing seating for 6 persons included in the total of 38/40 persons.

REAR KITCHEN AREA all kitchen & electrical equipment being extensively upgraded at a cost of £50,000. The equipment includes fridges, freezers, commercial dishwasher, commercial sink unit, plate warmer, deep fat fryer, microwave, toaster, panini press, sandwich counter fridge, commercial display fridge.

Ladies' and gentlemen's cloakrooms each with w.c. & wash hand basin

Door and stairs to first floor store room

Turnover

We are advised by the vendor the turnover currently averages £3,500 p.w.

Staff

The business is at present operated by 2 full time & 4 part time staff plus 3 weekend staff.

Trading Hours

Tuesday - Saturday inclusive - 8.30 a.m. - 3 p.m. only
In our opinion offering potential to reintroduce evening opening, Sunday

Outside

Large yard at rear providing parking for 3/4 cars plus 2 garages

Tenure

We understand the premises are held on a secure 15 years lease from 25th November, 2016 at a rent of £16,200 p.a. We understand the rent reviews are every 5 years. We are further advised there is a break clause on the 24th November, 2026 by giving no less than 6 months notice.

Uniform Business Rates: Nil payable after small business relief

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote