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Reference R8914
Features
Profitable well Established well Fitted Café / Restaurant
The Café/Restaurant has been in the same hands for the past 20 years & the vendor now desires a change.
SPACIOUS CAFÉ/RESTAURANT with double fronted narrow frontage, however extensive depth to the Café/Restaurant. Non-slip floor, ceiling with inset spotlighting plus hanging lighting. Quality tables & chairs plus upholstered bench seating for approximately 60 persons. Counter, electronic cash register.
OPEN PLAN KITCHEN AREA with double gas griddle, 3 Valentine deep fryers, 2 commercial microwave ovens, Bean-to-cup coffee machine, hotwater boiler, steamer, 2 bain maries, soft ice cream machine etc.
Turnover
WE ARE INFORMED the turnover is in the region of £6,500 p.w. in our opinion offering further potential to increase in the right hands & with additional opening hours, if desired.
Staff
The business is at present operated by a husband & wife team with the assistance of their daughter (3/4 days per week) plus 3 part time staff.
Trading Hours
Monday - Saturday inclusive - 8 a.m. - 4 p.m.
Sunday opening - 9 a.m. - 3.30 p.m.
Accommodation
INTERNAL ACCESS TO FIRST FLOOR
Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin
Office
Storage area with 2 chest deep freezers plus 1 upright deep freezer
In addition on the first floor is a large lounge
Kitchenette/utility room plus shower room.
Stairst to second floor
2 Double Bedrooms
Outside
Yard with storeroom
Tenure
We understand the entire premises are held on a new 10 years lease from December, 2020 at a rental of £20,000 p.a. exclusive of rates for the first 5 years with rent to be agreed thereafter.
Uniform Business Rates: £3,300 p.a. approx. (after small business relief)
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £119,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 59,500 (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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