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Reference R9220

Snack Bar Cafe in Hitchin For Sale

Snack Bar Cafe in Hitchin For Sale
Buy a Snack Bar Cafe in Hitchin For Sale Sell a Snack Bar Cafe in Hitchin For Sale

Register to see map and to make an appointment Busy road, sought after HERTFORDSHIRE HITCHIN

Turnover £ 1,000
Price £20,000

Features

Attractive Café / Snack Bar (we Understand The Premises Have A1 Use) Reduced To Include The Secure Lease, Goodwill, Fixtures & Fittings To offers Invited In The Region of £20,000 Plus Stock At Valuation

SPACIOUS CAFÉ/SANDWICH BAR. Laminated strip floor, ceiling with hanging lighting. Tables & chairs providing seating for 28 persons (can be increased) plus childrens' play area (limited to children 5 years or less). Counter, 2 group coffee machine, coffee grinder (both on loan, subject to purchasing coffee from the company), 4-slice toaster, commercial microwave oven, 2 fridges, 1 display fridge.

KITCHEN AREA with sink, wash hand basin

Customers' cloakroom with w.c. & wash hand basin plus baby changing facilities

Turnover

WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering further potential to increase, especially with further exploiting childrens parties.

Staff

The business is at present operated by the vendor with the assistance of 4 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Operated 6 days per week Monday - Saturday inclusive - 9.30 a.m. - 3 p.m.

Outside

Parking space at rear for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in March, 2022 at a current rental of £14,000 p.a. exclusive of rates. We understand the rent reviews are every 3 years.

Uniform Business Rates: £1,200 p.a. approx. (after small business relief)

EPC Rating D (76)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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