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Reference R1070

Well Established Vintage Tearooms in Hertfordshire For Sale

Well Established Vintage Tearooms in Hertfordshire For Sale
Well Established Vintage Tearooms in Hertfordshire For Sale Buy a Well Established Vintage Tearooms in Hertfordshire For Sale Sell a Well Established Vintage Tearooms in Hertfordshire For Sale Well Established Vintage Tearooms in Hertfordshire For Sale for Sale Well Established Vintage Tearooms in Hertfordshire For Sale for Sale Well Established Vintage Tearooms in Hertfordshire For Sale for Sale Well Established Vintage Tearooms in Hertfordshire For Sale for Sale Well Established Vintage Tearooms in Hertfordshire For Sale for Sale Well Established Vintage Tearooms in Hertfordshire For Sale for Sale

Register to see map and to make an appointment Highly sought after trading position, close to a large busy supermarket, HERTFORDSHIRE. A unique offering that is popular with local shoppers & office workers.

Turnover £ 2,500
Price £39,000

Features

Well Established 1940's Vintage Tearoom

A1 USE

SINGLE FRONTED PREMISES in the region of 570 ft². Porcelain tiled floor, ceiling with fluorescent lighting. Tables and chairs providing seating for 25 persons. Sales counter with cake display, cash register, filter coffee machine.

KITCHEN. NEFF oven, under-counter fridge, tall freezer, 2 microwaves, toaster, electric hob washing / drying machine, waste disposal, back door

Toilet with w.c. and wash hand basin.

Storage area

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by a lady vendor with 3 full time & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9am - 5pm
SUNDAY 11am - 5pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 5 years in 2019 at a current rent of £17,500 p.a.

EPC Rating C (52)

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 19,500 (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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