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Reference R9671

Attractive Cafe Bistro in Suffolk For Sale

Attractive Cafe Bistro in Suffolk For Sale
Attractive Cafe Bistro in Suffolk For Sale Buy a Attractive Cafe Bistro in Suffolk For Sale Sell a Attractive Cafe Bistro in Suffolk For Sale Attractive Cafe Bistro in Suffolk For Sale for Sale Attractive Cafe Bistro in Suffolk For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, residential and commercial area, close to market square & bus station SUFFOLK.

Turnover £ 3,750
Price £79,500

Features

Licensed Café, Highly Popular Business Occupying An Enviable Trading Position

The Café has been part of a beautiful street of independent shops since 2001 and under the present ownership since 2010. During that time the café has earned itself an enviable reputation within the locality helping secure an extensive and loyal customer base in addition to the daily passing trade.

Well maintained period building

To the front 2 tables providing seating for 4 persons

DOUBLE FRONTED PREMISES. Recently redecorated internally and externally, electrics and emergency lighting etc updated May,2020

Ground floor seating for 22 persons. Sales serveover counter, cake display fridge, undercounter storage, undercounter drinks display fridge, fridge freezer, till, 2 group coffee machine, coffee grinder, blenders and water boiler. Air conditioning.

Staircase to first floor.

Floor hatch to cellar used for storage (near full height)

OPEN PLAN GALLEY STYLE KITCHEN. Non slip floor. 6-burner electric hob, double door electric twin fan oven, 2 commercial microwaves, 2 toasters, wall mounted grill and fast cook panini press. Stainless steel work surfaces throughout with twin undercounter fridges, one with a chilled saladette. There is an upright freezer, 2 fridge freezers, stainless steel extractor, single sink with drainer, handwash sink, undercounter dishwasher, ample stainless steel shelving. Gas boiler.

Rear staircase to first floor.

FIRST FLOOR seating for 24 persons. Original exposed beams. Large storage cupboards with shelving and water tanks.

Male and female toilets with hand dryers and velux windows

Hatch to part boarded attic space.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,750 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor (chef) with part time assistance of his wife, 3 full time staff & 4 part time staff.
We are informed the wage bill averages £800 p.w. approx.

Trading Hours

6 Day week
Monday - Saturday inclusive - 9 a.m. - 4.30 p.m

The current owners choose to open 6 days although in the past they traded on Sundays and 2 evenings, both of which were lucrative.

Outside

Rear access, bin area, storage shelves & shed

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new lease, terms and rental to be negotiated.

Business Rates from April 2021 £2,038 approx. payable (Please contact local authority to confirm)

Price

TO INCLUDE THE NEW, LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (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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