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Reference R9485

Attractive Italian Cafe in Surrey For Sale

Attractive Italian Cafe in Surrey For Sale
Attractive Italian Cafe in Surrey For Sale Buy a Attractive Italian Cafe in Surrey For Sale Sell a Attractive Italian Cafe in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, close to market square, town centre, SURREY

Turnover £ 3,000
Price £85,000

Features

Attractive well Established Licensed Italian Delicatessen / Café We Understand The Premises Have A3 Use

Front area with space for 2 tables & 4 chairs (we understand a Licence Fee of £500 p.a. is payable)

ATTRACTIVE ITALIAN DELICATESSEN/CAFÉ with tiled floor, ceiling with inset spotlighting (LED lights). Air conditioning/heating unit. Seating 26. Menu blackboard. Cool display serveover counter with refrigerated storage section, electronic cash register, 2 Maestrowave combi chef IV, microwave oven, double panini toaster, gravity feed slicer, ice cream display deep freezer, stainless steel back worksurface with sink, 2 group coffee machine, coffee grinder etc.

KITCHEN with tiled floor, tiled walls. 6-burner gas cooker with oven, stainless steel extractor, upright stainless steel double door fridge, upright deep freezer, sink with double drainer etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 65%.

Staff

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

Trading Hours

Monday - Saturday inclusive 9.30 a.m. - 4.30 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £1,050 per month, however, we understand that vacant possession can be given on completion, if required. The FLAT comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

Outside

Rear small yard with store area

Tenure

We understand the premises are held on a new 10 years lease from September, 2015 at a rental of £31,900 p.a. exclusive of rates up to September, 2020 with rent to be agreed thereafter. (As will be appreciated with the current rental income from the self contained flat of £12,600 p.a. the net rental payable at the present time is £19,300 p.a. exclusive of rates)

Uniform Business Rates: £9,000 p.a. approx. (We understand there are nil payable for this year).

THIS WELL ESTABLISHED ITALIAN DELICATESSEN/CAFÉ HAS BEEN IN THE SAME HANDS FOR APPROXIMATELY 16 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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