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Reference R3198
Turnover £ 2,750
Price
£99,900
Cafe & Bar
Established 2023
4 STAR HYGIENE RATING
Balcony seating for 12 people.
DOUBLE FRONTED PREMISES with wood strip floor, hanging lights, Bar with, EPOS till, 1 Draft. Tables and chairs providing seating for 40 People, CCTV system (8 cameras, 1 monitor)
Light Catering Kitchen with Deep fryer, hot plate, microwave oven, Oven, fridges, freezers, preparation table.
Toilet with w.c. and wash hand basin..
Store room
WE ARE INFORMED by the owner the turnover currently averages £2,500 / £3,000 p.w. with a Gross profit of 65% approx. (Café £2,000 per week) (10% via portals)
The business is at present operated by 1 of the partners with 3 full time staff employed.
7 Day week
MONDAY - SUNDAY 8am - 8pm
Winter Months
MONDAY - SUNDAY 9am - 6pm
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £30,000 p.a. + VAT
Business Rates from April 2026 £5,000 approx. (under appeal) (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MARCH 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,900 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 49,950 (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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