Traditional Café in Tadworth For Sale

Semi-detached property, excellent main road trading position, residential, office & commercial area, Nr BANSTEAD, SURREY

Turnover £ 2,350
Price £72,000

Features

Traditional Café

NO PARKING RESTRICTIONS
Service road in front of premises.
Outside seating for 4 customers.
5 STAR HYGIENE RATING

Large extractor and excellent interlock gas system on site along with fresh air fan for food safety compliance

DOUBLE FRONTED PREMISES, in the region of 670 ft², Laminate flooring, suspended ceiling with LED and pendant lighting.

Tables and chairs seating 28 people.

Open plan kitchen - State of the art stainless steel extractor with interlock gas system on site with fresh air fan , Grill Garland (gas), 2 Valentine deep fat fryers, 2 microwaves (Amana and Panasonic) , Ninja blender, toaster, painini press, LA Cimbali M24RE coffee machine, coffee beans grinder Ascaso, Kenwood 5 burner hob and oven, Gram commercial freezer, beko freezer, chest freezer, Caravell upright fridge, under counter fridge, Polar fridge, commercial dish, washer, double sink and drainer, wash hand basin, stainless steel preparation table.

Ladies cloakroom with toilet and wash hand basin.
Gentlemans cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,250 - £2,400 p.w. with a Gross profit of 78% approx. (20% ONLINE DETILVERIES)

Staff

The business is at present operated by the husband & wife team with 2 full time staff employed.

We are informed the wage bill averages £380p.w. approx.

Trading Hours

MONDAY - SATURDAY 8 a.m. - 2.30 p.m.
SUNDAY 10.30 a.m. - 3 p.m.

(Licensed to open 7 days 6 a.m. - 4 p.m.)

Outside

Large shed used for storage.

Garden to rear, potential for further customer seating.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease due to expire later this year (2024.)

We are advised the Landlord is prepared to grant, to an approved applicant a new 10 year lease with 5 yearly rent reviews at an initial rental of £9,000 pa

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £72,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 36,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote