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Reference R2598
Turnover £ 7,000
Price
£195,000
Features
Cafe Restaurant & Wine Bar
6 DAYS OPENING
5 STAR HYGIENE RATING.
Forecourt with seating for 12 people
DOUBLE FRONTED PREMISES in the region of 650 ft² with tiled floor, spot lights, Air conditioning with hot air. Bar, EPOS till, display counter fridge, drinks display fridge (glass fronted upright double-door), meet slicer, Coffee Machine (2 Group) (on loan), coffee grinder, wine display fridge, Tables and chairs providing seating for 32 People.
Kitchen with ventilation system, Diamond oven, double door fridge, freezer, counter fridge 3 door, 2 small deep freezer, refrigerated making table, dishwasher, glass display cabinets, ice machine.
Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 65% approx. (20% ONLINE SALES)
Staff
The business is at present operated by the Husband & Wife team with 2 full time & 1 part time staff.
Trading Hours
6 Day week
TUESDAY & WEDNESDAY 5pm - 106pm
THURSDAY & FRIDAY - 5pm - 11pm
SATURDAY 12 noon - 11pm
SUNDAY 12 noon - 9pm
Accommodation
Optional extra 3 bed flat.
Outside
Rear yard with shed
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 3 years (next review March 2026) at a current rent of £25,500 p.a. (reduced to £10,750 until January 2026)
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 97,500 (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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