Superbly Fitted And Spacious Coffee Shop Plus Delicatessen With Full Free Off Licence For Sale

Business description

Outstanding opportunity to acquire a superbly fitted business, which in our opinion has tremendous potential for further development in the right hands.

Canopy to forecourt area with space for tables and chairs for 30/35 persons

SPACIOUS COFFEE SHOP/DELICATESSEN all recently newly fitted, part ceramic tiled floor plus part oak strip floor, air conditioning, spotlighting. Tables and chairs providing seating for 40 persons. Attractive shelving, 2 cool display serveover counters, 2 panini grills, 2 microwave ovens, 2 group coffee machine, dishwasher, 2 sinks, wash hand basin, 2 cool display serveover counters for the Delicatessen section, 2 tills with EPOS scanning systems, 1 electronic scales etc.

2 spacious diabled cloakrooms each with w.c. and wash hand basin

2 large basement areas, 1 fully tiled, ideal for storage purposes plus office area

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a 2 secure renewable leases from the same landlord both having approximately 14 years unexpired at a combined rental of £46,500 p.a. exclusive of rates for the 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £12,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent trading position, sought after locality, SURREY

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £9,000 p.w. (including delicatessen turnover of £2,000/£2,500 p.w) in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION (£10,000/£12,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Sunday - 9 a.m. - 6 p.m.
Monday, Tuesday & Wednesday 8 a.m. - 6 p.m.
Thursday, Friday & Saturday 8 a.m. - 7 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.