Licensed Coffee Shop plus Convenience Store in Suffolk For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SUFFOLK

Turnover £ 2,000
Price £45,000

Features

Licensed Coffee Shop & Slight Grocery Store Plus Licence For The Sales and Consumption of Alcohol On and off The Premises (a4)

We understand pedestrianised between 10 a.m. & 4 p.m. every day and vendor has permission for outside tables & chairs, in our opinion offering further potential, especially during the summer months.

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 750 ft². Tiled floor, suspended ceiling with LED lights. Tables and chairs providing seating for 32 persons. Sales counter, cool display counter with refrigerated storage section, cash register, modern adjustable shelving, glass fronted upright double door drinks display fridge, glass fronted upright double door freezer, sliding top deep freeze, Coca-Cola fridge, 2 TV's. CCTV system (4 cameras + monitor), etc.

OPEN PLAN KITCHEN. Electric cooker, oven, grill, counter, fish fryer, toasters, 2-group coffee machine, coffee grinder, dishwasher, 2 microwave ovens, scales, slicing machine.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a gross profit of 65% approx. (15% DELIVERIES via JUST EAT & DELIVEROO)

Staff

The business is at present operated by a husband & wife team

Trading Hours

6 Day week
Tuesday - Thursday - 8am - 6pm
Friday & Saturday - 8am - 8pm
Sunday - 9 - 4pm
CLOSDAT MONDAY

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from aprivate landlord, granted for 10 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £14,000 p.a.

Business Rates from April 2021 £1,200 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote