Coffee Shop and Dessert Parlour in Essex For Sale

Situated in a parade, prime trading position, near by large multiples including McDonald's, Pound Land, Savers, ESSEX

Turnover £ 3,750
Price £50,000

Features

Licensed Coffee Shop with Ice Cream and Off Licnece

FORECOURT WITH SEATING FOR 20 PEOPLE

DOUBLE FRONTED PREMISES in the region of 1,160 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, spotlights, cool display counter with refrigerated storage section, hot and cold display serveover counter, Ice Cream display counter, EPOS till, 2 x open cool display unit, illuminated menu boards, air conditioning with hot air, CCTV system (20 cameras, 1 monitor).

Tables and chairs providing seating for 50 People.

Open plan kitchen area, coffee machine (2 group), grinder, slush Machine, crepe machine, waffle machine, ice cream machine, toaster, microwave, oven, dishwasher, etc.

Toilet with w.c. and wash hand basin..

Stock room / Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w.- £4,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the staff (4 part time staff) with vendor asasistance as required.

Trading Hours

6 Day week
MONDAY - SATURDAY 11 a.m. - 4 p.m.
CLOSED SUNDAY

Tenure

The private landlord subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease with rent reviews every 4 years at a rent of £19,000 p.a. for the first 4 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS £69,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote