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Reference R6722

Modern Cafe in Northampton For Sale

Modern Cafe in Northampton For Sale
Buy a Modern Cafe in Northampton For Sale

Register to see map and to make an appointment Close to park and adjacent to river NORTHAMPTONSHIRE NORTHAMPTON

Turnover £ 1,200
Price £27,000

Features

Attractive Detached Modern Café

This well fitted Café has an adjacent free car park for approximately 30 vehicles & is close to park & nature reserve, also adjacent to Radlands Skateboard park.

There is a new University Campus which has recently opened.

Outside area with canopy plus grassed area with tables & chairs for up to 50 persons.

ATTRACTIVE CAFÉ with non-slip floor, fluorescent lighting. Tables & chairs providing seating for 35 persons.

LEVEL KITCHEN with tiled floor, plastic cladding to walls, stainless steel extractor system, 6-burner electric cooker with oven, double deep fryer, panini toaster, 4 counter fridges, 1 deep freezer, double sink & drainer etc.

Disabled cloakroom with w.c. & wash hand basin
Ladies' & gentlemen's cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the winter turnover is in the region of £800 p.w. increasing during the summer months to in the region of £1,500 p.w.

Staff

At present operated by the vendor with the assistance of 1 full time & 3 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

10 a.m. - 5 p.m. seven days per week (Summer Months)
10 a.m. - 5 p.m. FRIDAY - SUNDAY (Winter Months)

We further understand from the present owner the business can be open from 9.30 a.m. - 9.30 p.m. seven days per week, if desired.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £27,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 13,500 (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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