Well Equipped Cafe Coffee Shop For Sale

Business description

We understand the premises have A3 use operated as a Café/Coffee Shop catering for all day breakfasts, lunches, snacks, sandwiches, panini's, teas and coffees.

3 display windows to SPACIOUS CAFÉ/COFFEE SHOP with ceramic tiled floor, ceiling with insetl lighting. Tables and chairs providing seating for 35 persons. Flat screen TV, music system. 2m cool display serveover counter, 1m cool display serveover counter, 2 group coffee machine (on loan), coffee grinder, coffee perculator, 2-pot bain marie, double panini toaster, stainless steel table, electronic cash register.

REAR LEVEL KITCHEN with ceramic tiled floor, tiled walls, stainless steel extractor. The equipment includes 6-burner gas cooker, gas double deep fryer, double gas grill, 4-pot bain marie, small upright deep freeze, 3-door glass fronted stainless steel counter fridge, 2 microwave ovens, soft ice cream machne, electric fan assisted oven, chest deep freeze, 2 upright stainless steel deep freezes, double sink and drainer etc.

Customer's cloakroom with w.c. and wash hand basin
In addition staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease having 15 years unexpired from May, 2011 at a rental of £20,000 p.a. exclusive of rates up to May, 2016, with rent review at that time and thereafter every 5 years.

We understand the business has an advertising sign for Pepsi Cola on the awning and we understand the present owner receives an income of £6,500 p.a. plus VAT for this advertising sign.

Uniform Business Rates: £9,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, busy road, close to main railway station plus office and residential area, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 5 p.m.
NO SUNDAY TRADING

Employees:

At present operated by the vendor with the assistance of 2 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance