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Reference R2783
Shopping centre locality, excellent trading position, residential, office and commercial area, Cambridgeshire.
Turnover £ 3,000
Price
£49,500
Features
Well Fitted Bubble Tea Café
5 STAR HYGIENE RATING
FORECOURT WITH SEATING OF 4 PEOPLE
Tables and chairs providing seating for 24 People.
SINGLE FRONTED PREMISES in the region of 700 ft² with tiled floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, 3x LED Menu Boards, Slushie Machine, ice machine, refrigerated display, ice cream machine, Bean to cup Coffee Machine, ice cream freezer, 2 cup filling machines, 2 fructose machine, 2 cup shakers, 2 water boilers
Stock room with deep freeze, drinks glass fronted upright double-door fridge.
Staff Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 80% approx. The accounts April 2025 show sales £ 143,430 with a gross profit of £110,500
Staff
The business is at present operated by the vendor with the assistance of 1 part time staff.
Trading Hours
7 Day week
MONDAY - SATURDAY 10.30am - 5.30pm
SUNDAY 10.30am - 4pm
Outside
Rear yard, plus allocated Parking space for 1 car for £50 pcm.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2021 for 5 years (next review 2026) at a current rent of £6,000 p.a. + VAT In addition we understand there is a Service charge of £6,000 p.a. approx. incusive of water rates
Business Rates from April 2025 £3,300 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 24,750 (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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