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Reference R9205

Café / Sandwich Bar in Surrey For Sale

Café / Sandwich Bar in Surrey For Sale
Café / Sandwich Bar in Surrey For Sale Buy a Café / Sandwich Bar in Surrey For Sale Sell a Café / Sandwich Bar in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, not far from a University, office & residential area, SURREY

Turnover £ 1,800
Price £65,000

Features

Well Fitted Café / Sandwich Bar - A3 / A5 Use

We understand the premises have A3/A5 licence, however we understand that no frying is allowed. We further understand that frying could be allowed, subject to a suitable extracting system being installed.

FULL GAS FIRED CENTREAL HEATING

SINGLE FRONTED CAFÉ/SANDWICH BAR with quality tiled floor, ceiling with inset spotlighting. Tables & chairs providing seating for 6 persons. Upright slimline display fridge (on loan from Coca Cola), open cool display unit (used for cakes & soft drinks), cool display serveover counter with refrigerated storage section, electric cash register, 2 group coffee machine, coffee grinder, 2-door stainless steel counter fridge, panini toaster, Tefal grill, small hot food cabinet.

LEVEL KITCHEN with non-slip floor, electric fan assisted oven, upright deep freezer, 3-door stainless steel fridge, microwave oven, dishwasher, small stainless steel storage unit etc.

Small storage area with 1 small & 1 additional chest deep freezer,

Turnover

WE ARE INFORMED the turnover averages £1,800 p.w. including some buffets to local offices. In our opinion the business offers terrific potential for further development in the right hands.

Staff

The business is at present operated by the vendor with the assistance of 1 full time staff.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 3 p.m.
CLOSED SATURDAY & SUNDAY
In our opinion there is potential for additional opening hours, if desired

Accommodation

The accommodation situated on the first floor with FULL GAS FIRED CENTRAL HEATING (brand new boiler fitted August, 2019 at a cost of £3,000), comprises 2 SEPARATE FLATS;

Flat A let on a shorthold tenancy & providing a rental income of £800 per month including gas & electricity, comprises:

1 Double Bedroom
Shower room with shower w.c. & wash hand basin
Lounge
Kitchenette

Flat B also let on a shorthold tenancy & providing a rental income of £675 per month including utility bills, comprising:

Large Bedsitting Room
Bathroom with bath, shower over bath, w.c. & wash hand basin
Kitchenette

Whilst the flats are let on shorthold tenancies, we understand that vacant possession can be given if required.

Outside

Staff cloakroom with w.c. & wash hand basin

Tenure

We understand the entire premises are held on a new 12 years full repairing and insuring lease from March, 2016 from a landlady at a rental of £20,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years. (As will be appreciated with the current rental income from the 2 flats at the present time of £17,700 p.a. including gas & electricity, the net rental payable at the present time is only £2,300 p.a.exclusive of rates).

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (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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