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Reference R3217

Traditional Cafe in West Midlands For Sale

Situated in a small parade, prominent trading position, residential area, schools and colleges nearby, together with industrial units & offices, West Midlands.

Turnover £ 1,350
Price £59,950

Features

Traditional Café

DOUBLE FRONTED CAFE in the region of 470 ft² WITH ELECTRIC SHUTTERS, tiled floor, spotlights, sales counter,, refrigerated display unit, EPOS till, commercial coffee machine, waffle equipment, CCTV system (4 cameras, 1 monitor)

Tables and chairs providing seating for 24 People.

Kitchen with extractor unit, portable gas cooker (2 burner), griddle, toaster, microwave oven, table top deep fryer (2 pan), table top deep fryer, freezers, fridges, double sink and drainer.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,350 p.w. with a Gross profit of 65% approx. (60% VIA PORTALS)

Staff

The business is at present operated by 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 7:00am–2:00pm.

Outside

External Storage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2025 with reviews in 2027 at a current rent of £9,600 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,975 (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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