Café in Epsom For Sale

Situated in a parade, excellent High Street trading position, office and commercial area, EPSOM, SURREY

Turnover £ 3,000
Price £79,500

Features

Café (a1 Use)

6 DAYS OPENING

5 STAR HYGIENE RATING

Outside seating for 6 customers

DOUBLE FRONTED PREMISES, in the region of 450 ft², WITH BIFOLD DOORS - Tiled flooring, suspended ceiling with inset spot lights.

Tables and chairs seating 20 people.

Sales counter - Electric cash register, display chiller, soft drinks fridge.

Kitchen - Air circulator, 2 grills (electric), microwave, paini press, toaster, hob, chest freezer, small freezer, large fridge, dish washer, juicer, blender, mixer, double sink and drainer, etc.

Cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. GP 65%

Staff

The business is at present operated by the 2 partners with 2 full time staff employed. And 3 part time staff.

We are informed the wage bill averages £900p.w. approx.

Trading Hours

6 Day week ~ Scope to open longer

MONDAY - FRIDAY 8.30 am - 3.30 pm
SATURDAY 8.30 am - 4.30 pm

Outside

.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a Lease due to expire August 2024. We are advised the Landlord is prepared to grant, to an approved applicant a NEW SECURE RENEWABLE 15 year lease at an initial rent of £13,200 p.a. for the first year increasing to £14,400 pa for the second year, with a rent review in 2029 and there-after every 5 years.

Business Rates from April 2025 £2,500 approx. after small business relief. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote