Attractive Coffee Shop & Cafe in Surrey For Sale

Situated in a parade, excellent trading position, SURREY

Turnover £ 2,400
Price £66,000

Features

Attractive Café / Coffee Shop (full A3 Use)

SALES AREA PREMISES in the region of 525 ft²

6 DAYS OPENING

SINGLE FRONTED PREMISES with bowed window. Tiled floor, ceiling with spot lights. Tables and chairs providing seating for 26 persons. Sales counter, counter top fridge, EPOS till, chalk menu board, 3 commercial fridges, 2 deep freezers, 2 microwaves, 2 Panini toasters, electric oven, double sink and drainer etc.

BASEMENT in the region of 300 ft² used as storage.

Toilet with w.c. and wash hand basin.

Additional staff toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,400 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the lady vendor with 2 full time, 1 part time and 2 Saturday staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 9am - 3pm
SATURDAY 9.30am - 3.30pm

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted until November, 2024 at a current rent of £12,500 p.a. To an approved applicant the Landlord is prepared to extend the existing lease. The Landlord requires a 6 months rent deposit.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £66,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 33,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote