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Reference R8014

Cafe Restaurant in Surrey For Sale

Cafe Restaurant in Surrey For Sale
Cafe Restaurant in Surrey For Sale Buy a Cafe Restaurant in Surrey For Sale Sell a Cafe Restaurant in Surrey For Sale Cafe Restaurant in Surrey For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential & commercial area, SURREY

Turnover £ 3,000
Price £69,500

Features

Well Equipped Café

Forecourt with 1 table & 4 chairs (can be increased to accommodate 2 tables & 8 chairs, if desired)

SINGLE FRONTED CAFÉ with tiled floor, suspended ceiling with concealed lighting. 8 tables & 28 chairs. Cool display counter, electric cash register, 2 group coffee machine, coffee grinder, panini toaster, upright double door glass fronted soft drinks display fridge (on loan from Coca Cola).

OPEN PLAN KITCHEN with 2 commercial microwave ovens, gas griddle, gas flat top with 2 rings & oven, double deep fryer, 1 3-door stainless steel counter fridge, 2 upright deep freezers, single sink & drainer etc.

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

Turnover

WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. including takeaway, in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 65%.

Staff

The business is at present operated by the vendor with the assistance of 1 full time & 2 part time staff.

Trading Hours

Monday - Friday inclusive - 6 a.m. - 2.30 p.m.
Saturday opening - 6 a.m. - 1.30 p.m.
NO SUNDAY TRADING

Outside

To the rear of the Café is a lock-up garage with cloakroom with w.c. & wash hand basin. We understand that this is currently let and provides a rental income of £120 p.w.

Tenure

We understand the landlord, subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease in respect of the Café and garage at rear at a rental of £12,500 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

WE UNDERSTAND THE CAFÉ HAS BEEN IN THE SAME FAMILY FOR IN EXCESS OF 25 YEARS AND INDEED OPERATED BY THE PRESENT OWNER FOR APPROXIMATELY 8 YEARS

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 34,750 (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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