Well Fitted Cafe Restaurant in Leatherhead For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, SURREY LEATHERHEAD

Turnover £ 6,500
Price £140,000

Features

Well Fitted Café / Restaurant

FORECOURT WITH SEATING FOR 24 PERSONS
3 PHASE ELECTRICS

SINGLE FRONTED PREMISES with CANOPY. Tiled floor, suspended ceiling with spotlights. Tables and chairs providing seating for 30 persons. Cool display counter with refrigerated storage section, cash register.

OPEN PLAN KITCHEN. Stainless steel extractor unit, electric cooker, grill, 2-pan deep fryer, 4-pot bain marie, 2 commercial microwave ovens, 2 fridges, 2 freezers, double sink and drainer.

Stockroom.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 65% approx. (£1,200 via online portals)

Staff

The business is at present operated by the vendor with 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 8 a.m - 4 p.m
SUNDAY 9 a.m - 3 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 16 years in 2011 with reviews every 4 years (next review 2027) at a current rent of £17,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2008 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 70,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote