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HISTORY

• The vendor has been in ownership for the last three years, whilst the business has been trading for five years.

REASON FOR SALE

• Vendor’s ill heath and family commitments.

PRODUCTS

The following are on offer:
• Paninis
• Baguettes
• Full English breakfast
• Toast, bagels, salads and cakes
• Speciality teas
• Speciality hot chocolates
• Milk shakes
• Iced coffees & chocolate drinks
• Fruit smoothies
• Cold drinks

EQUIPMENT

The business is fully equipped for purpose together with:
• Three fridges
• Three freezers
• Coffee Machines





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through us. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).



Property:
Leasehold
Lease terms:
Rent: £26,700 per annum
Rates: £8,000 per annum

Lease: Council renewable lease
Rent Review: Every three years
Leasehold rent:
£26,700 per annum
Location:
• Our client is located on a prominent corner position in the very heart of the bustling city centre pedestrianised area.
• The immediate vicinity is surrounded by a vast array of businesses including national retailers and quality independent retailers.
• The footfall is extremely high.
Premises details:
• The trading premises are well fitted and decorated. They briefly comprise of the following:
Ground floor
o Internal seating for eleven persons
o External seating for thirty two persons
o Sales counter
o Spiral staircase leading to
First floor
o Seating for twenty two people
Second floor
o WC’s and storage

Expansion potential:
The vendor has informed us that sales can be increased by:
1. Opening longer hours
2. Opening a Bistro for evening trade
3. Converting the second floor storage area into a small kitchen to bake own products instead of purchasing, hence increasing the margins
4. Promoting more parties especially for children
Trading hours:
Monday to Saturday
8:30am to 4:30pm

Sunday
10am to 3:30pm
Employees:
• The business is staffed on a full time basis by the owner with two part time staff and a complement of four Saturday staff
Years established:
5
Related documents:


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