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Reference R8789

Cafe in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, SURREY

Price £109,000

Features

Profitable well Established Café

FREE CAR PARKING IN FRONT OF PARADE - RESTRICTED TO 1 HOUR, HOWEVER WE UNDERSTAND THAT NO PARKING EACH DAY BETWEEN 4 P.M. 7 P.M.

DOUBLE FRONTED CAFÉ with sunblind. Tiled floor, suspended ceiling with lighting. Tables & chairs providing seating for 38 persons. Counter with electronic cash register, 2 upright glass fronted display fridges (including 1 on loan).

Customers' cloakroom with w.c. & wash hand basin

REAR KITCHEN with tiled floor, stainless steel extractor, stainless steel cladding to walls, 6-burner gas cooker with oven, electric double deep fryer, 2 commercial microwave ovens, 3 stainless steel tables, 2 sinks, wash hand basin etc.

Turnover

WE UNDERSTAND the vendor enjoys a good turnover, full details of which will be discussed upon inspection.

Staff

The business is at present operated by a husband and wife team with the assistance of a relative and 3 part time staff.

Trading Hours

Monday - Friday inclusive - 6 a.m. - 2 p.m.
Saturday opening 6 a.m - 12 noon
NO SUNDAY TRADING
In our opinion there is potential for additional opening hours

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £300 p.a. approx. after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 21 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £109,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 54,500 (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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