Cafe For Sale

Business description

We understand the premises have a Restaurant Licence for the sales of wines, beers and spirits, however, no alcohol is sold at the present time.

ATTRACTIVE COFFEE SHOP & CAFÉ with 2 entrances, wood strip floor. Tables and chairs plus leather sofa providing seating for 22 persons. Open stainless steel cool display unit, large cool display serveover counter, 2 group coffee machine, double panini toaster.

Level compact kitchen with tiled floor, electric oven, 2 upright deep freezes, 3-door stainless steel counter fridge, work top over with griddle, deep fryer, 4-pot bain marie etc.

Customer's cloakroom with w.c. and wash hand basin
Office/Store

Property information

Lease terms:

We understand the premises are held on a new 20 years lease from June, 2008 at a rental of £16,500 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £4,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent trading position, close to City Centre, near colleges plus densely populated residential area with student accommodation, OXFORD.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase, especially with evening opening. Gross profit 65% approx.

Reasons for selling:

Offers Invited To Include The New Lease, Goodwill, Fixtures & Fittings In The Region Of £180,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant

Trading hours:

8 a.m. - 6 p.m. seven days per week

Financing available:

Substantial Loan To An Approved Applicant.

Contact the seller