Freehold Cafe Restaurant in Aberdare For Sale

Situated in a parade, town centre position, SOUTH WALES ABERDARE

Turnover £ 4,000
Price £244,000

Features

Freehold Café / Restaurant

'Street Café' outdoor seating for 12 people in front of the premises.

This well established freehold business has been in the same family we understand since 1933 & in the present hands for the past 40 years & is now offered for sale due to the vendors retirement.

We understand the premises have recently been refurbished with new equipment at a cost of £10,000.

SPACIOUS DOUBLE FRONTED CAFÉ RESTAURANT with vinyl tiled floor, ceiling lighting. Takeaway section with 3 cool display serveover counters & salad bar, bread racking, hot drinks machine, soft ice cream machine, 2 blenders, 2 electronic cash registers. Spacious seating areas with tables & chairs for up to 55 persons.

OPEN PLAN KITCHEN with tiled floor, large gas griddle, 3 commercial microwave ovens, extractor system, double deep fryer, infra red grill, meat slicer, Buffalo vegetable preparation machine, 3 stainless steel tables, 1 fridge, 3 deep freezers, new dishwasher etc.

Fully tiled unisex cloakroom with w.c. & wash hand basin

Large basement

Turnover

WE ARE INFORMED the turnover averages £4,000 p.w. including takeaway, in our opinion offering further potential to increase in the right hands. The business is a member of Just Eats, Uber Eats & Deliveroo (33% on deliveries).

Staff

At present operated by the vendor with the assistance of 1 full time plus additional part time staff when required.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 5 p.m.
NO SUNDAY TRADING
The business we understand is also closed on all bank holidays

Accommodation

INTERNAL ACCESS to SPACIOUS accommodation in need of some refurbishment and redecoration comprising:

1 Large Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Large Lounge (couldbe split to provide a 2nd bedroom)
Kitchen (would need refitting)

Tenure

Uniform Business Rates:50% payable at the present time (Please contact local authority to confirm)

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 40 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £244,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 170,800 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote