Impressive Cafe with large car park in Feltham For Sale

Detached property, excellent main road trading position, residential, office and commercial area, MIDDLESEX FELTHAM

Turnover £ 5,000
Price £160,000

Features

Cafe with Large Car Park

LARGE CAR PARK FOR 80/100 CARS 50% RENTED OUT (to be disclosed to interested parties).

OUTSIDE SEATING FOR 15 PERSONS (could be extended)

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 1,250 ft². Stone tiled floor, suspended ceiling with spot and hanging lighting. Sales counter, cash register. Tables and chairs providing seating for 60 persons, 7 camera CCTV.

OPEN PLAN KITCHEN. Double free standing fridge, single free standing fridge, single free standing 2 freezers, chest freezer, 2 double basket fryers, large grill, bain marie with 4 large containers and plate warmer, gas cooker with double oven, 2 commercial high voltage microwaves, 2 microwave, coffee machine, extraction system, hot water tank, orange juicer, under-counter fridge, large commercial display fridge, commercial dish washer

Ladies' & gentlemen's toilet with w.c. and wash hand basin

Stockroom / Storeroom

Outside toilet

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 /£5,000 p.w. with a gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by a husband & wife team with 1 full time chef & 1 part time chef

Trading Hours

6 Day week
MONDAY - FRIDAY 7 a.m - 3 p.m
SATURDAY 7 a.m - 2 p.m

Accommodation

THE SELF CONTAINED STUDIO FLAT with Electric Heaters, Double-glazed windows, comprises:

1 Large bedsitting room
Kitchenette
Shower room with w.c. and wash hand basin

Outside

Garage plus 2 storage sheds plus 1 with office

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £28,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 80,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote