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Reference R9133

Café in Warwickshire For Sale

Register to see map and to make an appointment Situated in a parade, town centre, WARWICKSHIRE

Turnover £ 3,500
Price £60,000

Features

Fully Equipped Café

Space for 2 tables & 4 chairs in front of -

SINGLE FRONTED CAFÉ with tiled floor. Tables & chairs providing seating for 20 persons.

Stairs to FIRST FLOOR with tables & chairs providing seating for a further 20 persons. In addion there is a small enclosed childrens area

Ladies' & gentlemen's cloakrooms with w.c. & wash hand basin

Walk-in coldroom

SECOND FLOOR small storage area plus office area

GROUND FLOOR LEVEL KITCHEN with tiled floor, tiled walls. The equipment includes 2 electronic cookers, double deep fryer, 1 domestic plus 1 commercial microwave oven, 3 fridges, 3 deep freezers etc.

Turnover

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w including takeaway & deliveries, in our opinion offering tremendous potential for further development in the right hands.

Staff

The business is at present operated by the vendor on a part time basis, however mainly staff operated with 2 full time & 4 part time staff.
It will be appreciated upon inspection that with a more active husband & wife team, the wage bill could be reduced

Trading Hours

8 a.m. - 4 p.m. seven days per week

Outside

Small enclosed yard

Tenure

We understand the premises are held on a secure renewable lease from a Property Company, the present lease having approximately 4½ years unexpired at a rental of £14,000 p.a. plus VAT exclusive of rates for the next 2½ years, increasing at that time to £15,500 p.a. plus VAT exclusive of rates for the final 2 years.

Uniform Business Rates: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (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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