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Reference R1148
Features
Superb Newly Fitted Licensed Coffee Shop / Sandwich Bar
5* Hygiene Rating
We understand the premises have A3 use, however, no frying allowed.
Hours of opening permitted 9 a.m. - 5.30 p.m. seven days per week
LISTED BUILDING
This fully equipped newly fitted Coffee Shop is situated between 300/400 yards from the sea front, close to a museum, leisure centre & public car park nearby (Pay & Display).
Front area with space for 2 tables & 4 chairs plus additional external seating for up to 6 persons.
ATTRACTIVE SUPERBLY FITTED COFFEE SHOP. Wooden floor, 2 hanging lights over counter. 4 tables & 12 chairs. New 2 group coffee shop, coffee grinder, counter, computerised EPOS till, 1 single panini toaster, 2 Santos milkshake blenders, 3 jugs, under-counter fridge.
KITCHEN AREA with 2 counter fridges, 1 upright deep freezer, toaster, 2-900 watt microwave ovens etc.
Cloakroom with w.c. & wash hand basin, electric hand dryer
Turnover
WE ARE INFORMED the turnover currently averages £3,000 p.w. in our opinion offering tremendous potential for development in the right hands.
Staff
At present staff operated. 2 full time plus 1 part time staff employed.
Trading Hours
8 a.m. - 5 p.m. MONDAY - FRIDAY
9 a.m. - 5.30 p.m. SATURDAY - SUNDAY
Tenure
We understand the landlord is prepared to grant a new 6½ years lease, fixed for the first 4½ years at a rent of £6,500 p.a. increasing to £7,000 p.a. for the last 2 remaining years. There is no VAT on the rent. (Please note we understand that the lease is outside the Landlord & Tenant Act).
Uniform Business Rates: Nil payable at present after small business relief
OUTSTANDING OPPORTUNITY TO ACQUIRE A NEWLY FITTED COFFEE SHOP/SANDWICH BAR WHICH IN OUR OPINION OFFERS TREMENDOUS POTENTIAL FOR DEVELOPMENT IN THE RIGHT HANDS.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 inclusive of STOCK
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
WE ARE ADVISED THE LANDLORD MAY CONSIDER THE SALE OF THE FREEHOLD PROPERTY TO INCLUDE ACCOMMODATION AT A PRICE OF £320,000 subject to contract.
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
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