Spacious Well Equipped Hampshire Cafe Restaurant For Sale

Business description

SPACIOUS CAFÉ/RESTAURANT with ceramic tiled floor, suspended ceiling with concealed lighting. Tables and chairs providing seating for 52 persons. Cool display serveover counter plus additional counter, electronic cash register, stainless steel table, 2 group coffee machine, coffee grinder.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

REAR COMMERCIAL KITCHEN with ceramic tiled floor, stainless steel extractor unit, stainless steel cladding to walls (cooking area), large griddle, double deep fryer, 6-pot bain marie, stainless steel table, double door stainless steel fridge, fridge/freezer, chest deep freeze, double sink and double drainer, electric double oven, 2 microwave ovens, 6-burner gas cooker, upright stainless steel single door fridge, storage cupboards etc.

Storeroom

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £11,496 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,750 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, busy road, densely populated residential, commercial and office area

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £2,800/£3,200 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 70% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 5 p.m.
Sunday opening - 8 a.m.- 4 p.m.

Employees:

The business is at present operated by the vendor with the assistance of 1 full time and 2 part time staff.