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Reference R8417

Café / Restaurant in Herefordshire For Sale

Café / Restaurant in Herefordshire For Sale
Café / Restaurant in Herefordshire For Sale Buy a Café / Restaurant in Herefordshire For Sale Sell a Café / Restaurant in Herefordshire For Sale Café / Restaurant in Herefordshire For Sale for Sale Café / Restaurant in Herefordshire For Sale for Sale Café / Restaurant in Herefordshire For Sale for Sale Café / Restaurant in Herefordshire For Sale for Sale Café / Restaurant in Herefordshire For Sale for Sale

Register to see map and to make an appointment Excellent trading position, town centre HEREFORDSHIRE

Turnover £ 6,000
Price £150,000

Features

Spacious Licensed Café / Restaurant

We understand the premises have a Full On Licence

SPACIOUS CAFÉ/RESTAURANT with Karndean flooring. Tables & chairs providing seating for 60 persons. 2 group coffee machine, coffee grinder.

LEVEL KITCEHN with non-slip floor, extractor system, 3 induction electric hobs, 1 table top deep fryer, 1 stainless steel double door fridge, 1 single door white fridge.

Ladies' & gentlemen's cloakrooms

KITCHEN with large fan assisted oven, mixer, fridge

Cellar with 2 deep freezers, 2 fridges plus counter fridges

Turnover

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.

Staff

At present operated by a husband & wife team with the assistance of 2 full time & 12 part time staff.

Trading Hours

Monday - Saturday inclusive - 9.30 a.m. - 4 p.m.
We understand the business is licensed to open until Midnight, if desired.

Outside

Small yard for bins

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £33,000 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £9,600 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (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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