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Reference R1875
Features
Attractive Licensed Restaurant / Coffee Shop
Outside seating for 10 persons
6 DAYS OPENING
4 STAR HYGIENE RATING
ATTRACTIVE DOUBLE FRONTED PREMISES in the region of 540 ft². Air conditioned premises. Tiled flooring, feature pendant lighting. Tables and chairs for 20 persons. Sales counter, electric cash register, 3 group coffee machine, grinder, knockout drawer, soft drinks fridge, wash hand basin, under-counter fridge, under- counter freezer,
Fully tiled customers' cloakroom with toilet and sink.
REAR KITCHEN. Tiled floor, tube lighting. Stainless steel extractor, 6-burner hob, double fridge, single door freezer, 2 microwaves, double basket deep fat fryer, oven, salamander, hotplate, double sink and drainer, stainless steel preparation table.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a gross profit of 65% approx.
Staff
The business is at present operated by 2 partners with 2 full time staff employed. We are informed the wage bill averages £900 p.w. approx.
Trading Hours
6 Day week
MONDAY - FRIDAY 9 a.m - 8.30 p.m
SATURDAY 2 p.m - 8.30 p.m
CLOSED SUNDAY
Outside
Yard with store shed.
Tenure
We understand the premises are held on a 15 years sub-lease from 2020 at a rent of £24,000 p.a. with rent reviews every 5 years (next review 2026)
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021
Price
TO INCLUDE THE SECURE RENEWABLE SUB-LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 29,000 (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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