Licenced Cafe Restaurant in Surrey For Sale

Excellent trading position, residential & office area opposite college & Council offices nearby, SURREY

Turnover £ 1,800
Price £125,000

Features

Nely Fitted Licenced Café / Restaurant

5 STAR HYGIENE RATING
FORECOURT & SIDE AREA WITH SEATING 20 PEOPLE.

SINGLE FRONTED PREMISES in the region of 300 ft² with laminated strip floor, suspended ceiling with spot lights, cool display counter with refrigerated storage section, cash register, drinks display fridge (glass fronted upright double-door), Coca-Cola fridge, Tables and chairs providing seating for 14 People.

Open plan kitchen area, stainless steel extractor unit, Electric Cooker, grill, microwave oven, toaster, deep fryer (2 pan), painini machine, Oven, dishwasher, Coffee Machine (2 Group), coffee grinder, fridge, 2 x freezer.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,800 p.w. with a Gross profit of 65% approx. (Slight sales via portails)

Staff

The business is at present operated by the vendor

Trading Hours

7 Day week (Licenced until 11pm)
MONDAY - SUNDAY 7am - 3pm

Outside

Rear yard with storage container with Fridge & 3 Freezers. Parking space for 3 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2022 with reviews every 4 years (next review 2026) at a current rent of £11,280 p.a.

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 SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote