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Reference R8023

Coffee Shop in Northampton For Sale


Register to see map and to make an appointment Shopping centre, NORTHAMPTONSHIRE TOWN NORTHAMPTON

Turnover 4,250
Price 40,000

Features

Spacious Coffee Shop

Decking area with tables & chairs for 12 persons

SPACIOUS DOUBLE FRONTED COFFEE SHOP with tiled floor, suspended ceiling with spotlighting. Tables & chairs providing seating for 96 persons. Counter, electronic cash register, 2 group coffee machine, coffee grinder, 1 double door glass fronted fridge.

SMALL KITCHEN with electric oven, deep fryer, 2 fridges.

Stairs to first floor large storeroom with fridge, 3 fridge/freezers
Office
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,250 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the gross profit is 69% approx.

Staff

The business is at present staff opperated. Staff employed 2 full time plus 3 part time staff, 2 additional casual staff are employed on Saturday & Sunday.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 4.30 p.m.
Saturday opening - 9 a.m. - 5 p.m.
Sunday opening - 10.30 a.m. - 3.30 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired at a rental of 25,000 p.a. exclusive of rates plus VAT, fixed for the remainder of the term. In addition we understand there is a current service charge of 14,167 p.a. plus VAT

Uniform Business Rates: 7,900 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION

Finance

Subject to status, you maybe able to borrow up to 20,000 (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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