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Reference R8052

Coffee Shop in Epsom For Sale

Coffee Shop in Epsom For Sale
Buy a Coffee Shop in Epsom For Sale Sell a Coffee Shop in Epsom For Sale

Register to see map and to make an appointment Situated in a parade, busy road, not far from the High Street, SURREY EPSOM

Turnover 3,500
Price 110,000

Features

Well Equipped Coffee Shop (catering For Breakfasts, Lunches, Snacks, Teas & Coffees)

We understand the present owner has applied for A3 use

Front area with sunblind. 5 tables & 20 chairs

SPACIOUS COFFEE SHOP with laminated strip floor, ceiling with inset lighting. 4 air conditioning units. Tables, chairs plus stools providing seating for 23 persons. Cool display counter, 2 group coffee machine, coffee grinder.

LEVEL KITCHEN with tiled floor, plastic cladding to walls with the exception of the cooking area which has stainless steel cladding plus stainless steel extractor, electric griddle, double deep fryer, double panini toaster, 4-burner electric hob, 3-door stainless steel counter fridge, 1 2-door stainless steel counter fridge with refrigerated topping section, single sink & drainer, dishwasher, wash hand basin etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of 3,500/4,000 p.w. 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%. In addition the business has 2 slot machines which we understand produces a commission of approximately 500 pw. on a 50/50 basis.

Staff

The business is at present operated by a lady vendor with the assistance of her husband plus 2 full time staff.

Trading Hours

CLOSED ALL DAY MONDAY
Tuesday - Thursday inclusive - 7.30 a.m. - 6 p.m.
Friday - 7.30 a.m. - 8 p.m.
Saturday - 9 a.m. - 8 p.m.
Sunday - 9 a.m. - 5 p.m.

Tenure

We understand the premises are held on a secure renewable lease for a period of 15 years from August, 2017 at a rental of 18,600 p.a. exclusive of rates up to August, 2020 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 55,000 (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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