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Reference R9522

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

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

Turnover £ 5,000
Price £130,000

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, homemade soup teas & coffees & the business enjoys a high turnover of ice cream.

Front area with space for tables & chairs for approximately 14 persons due to Covid-19 (can be increased to 24 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 24 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.

KITCHEN AREA/STORAGE with dishwasher, double sink & drainer

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

Rear outbuilding providing kitchen area with electric oven, 1 commercial microwave oven, single sink, 3 deep freezers, 3 fridges

Should it be desired to exploit the catering side of the business. In our opinion the rear storeroom could be converted to utilize as an additional kitchen.

Turnover

WE ARE INFORMED the turnover is currently in the region of £5,000 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

At present operated on a 6 day week opening 9 a.m. - 5 p.m.
CLOSED MONDAY
In our opinion there is terrific potential for evening opening if desired.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, all modernised, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

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

We understand that if the accommodation was not required for personal use, there is potential to sublet the accommodation to provide a rental income in the region of £900 per month.

Outside

Attractive large paved patio area with tables & chairs providing seating for 20 persons.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 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.

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

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 £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (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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