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Reference R9522

Superbly Fitted Restaurant & Ice Cream Parlour in West Sussex For Sale

Superbly Fitted Restaurant & Ice Cream Parlour in West Sussex For Sale
Superbly Fitted Restaurant & Ice Cream Parlour in West Sussex For Sale Buy a Superbly Fitted Restaurant & Ice Cream Parlour in West Sussex For Sale Sell a Superbly Fitted Restaurant & Ice Cream Parlour in West Sussex For Sale Superbly Fitted Restaurant & Ice Cream Parlour in West Sussex For Sale for Sale

Register to see map and to make an appointment Sought after WEST SUSSEX COUNTRY TOWN

Turnover £ 6,000
Price £110,000

Features

Superbly Fitted Detached Licensed Café / Ice Cream Parlour

NEXT TO LARGE CAR PARK - FREE FOR THE FIRST HOUR & NATIONAL TRUST MONUMENT ATTRACTION

5 STAR FOOD SAFETY RATED

The Café area caters for breakfasts, light lunches, toasties, waffles, teas & coffees & the business enjoys a high turnover of ice cream. It also has a substantial vegan menu.

Main indoor café has spece for tables & chairs for approximately 30 persons.

ATTRACTIVE CAFÉ/ICE CREAM PARLOUR with front open window hatch for selling ice creams with large ice cream deep freezer. The Café/Ice Cream Parlour has a laminated strip floor. Tables & chairs providing seating for 30 persons (operated with less seating at the present time due to Covide-19). Counter, 3 group coffee machine (rented), coffee grinder, double door glass fronted counter fridge, 2 additional counter fridges, tea urn & blenders.

CAFÉ KITCHEN AREA/STORAGE with dishwasher, double sink & drainer, cooker & three fridge counter with granite top.

Fully tiled cloakroom with w.c. & wash hand basin plus baby changing facilities

A rear building provides a second kitchen and storage area with electric commercial oven, countertop induction hobs, 1 commercial microwave oven, 1 contract grill, single sink, hand wash sink, 5 deep freezers & 3 fridges

Turnover

WE ARE INFORMED the turnover is currently in the region of £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 30th June, 2019 showed £346,524 with a gross profit before wages of £225,856.

Staff

At present operated under management. Staff employed 1 full time manager, 1 full time chef, 1 part time chef, 1 full time counter staff plus additional part time staff when required.
It will be appreciated upon inspection that with an active partnership, the wage bill could be reduced.

Trading Hours

Due to covid at present operated on a 5 day week opening 8.30 a.m. - 5 p.m.
CLOSED MONDAY & TUESDAY
In our opinion there is terrific potential for evening opening if desired.

The Café will return to 7 days a week after 17th May. Covid restrictions easing.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, all modernised, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING is at present let on shorthold tenancy & provides a rental income of £1,000 per calendar month, however we understand vacant possession can be given on completion, if required. The accommodation is fully furnished to a high standards & comprises:

2 Double Bedrooms (1 with adjoining dressing room)
Bathroom with bath, shower, w.c. & wash hand basin
Large Lounge/Dining Room
Fitted kitchen, airing cupboard with washer dryer

Outside

Attractive large paved patio area with new paving stones. Tables, chairs & umbrellas providing seating for a further 20 persons plus attractive lighting in flower beds & outdoor electric sockets.

At the front of the café there is a further seating for 8 when not limited by social distancing.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a rental of £30,000 p.a. plus VAT exclusive of rates for the next 1 year with rent to be agreed thereafter. As will be appreciated with the current rental income currently of £12,000 p.a. in respect of the accommodation, the net rental payable at the present time is £18,000 p.a. plus VAT, exclusive of rates.

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

The business is offered for sale due to the vendor moving abroad.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED CAFÉ/ICE CREAM PARLOUR IN THIS SOUGHT AFTER LOCALITY

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (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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