Most Attractive Licensed Coffee Shop & Bistro Restaurant For Sale

Business description

The business has a Full On & Off Licence and caters for breakfasts, lunches, snacks, baguettes, teas & coffees

Front area with sun blind and space for 4 tables and 8 chairs to -

MOST ATTRACTIVE LICENSED COFFEE SHOP/BISTRO TYPE RESTAURANT, superbly fitted including laminated strip floor, air conditioning, ceiling and wall lighting. Quality tables and chairs providing seating for 30 persons. 2 cool display serveover counters (1 with refrigerated storage section), computerised till, 3 group coffee machine, coffee grinder, upright glass fronted drinks fridge, commercial dishwasher.

Customer's fully tiled cloakroom with w.c. and wash hand basin

TO THE REAR is a large brickbuilt COMMERCIAL KITCHEN with non-slip floor and well equipped including 6-burner electric cooker with double door oven, turbo fan assisted oven, Burco grill, deep fryer, 2 microwave ovens, 2 stainless steel tables, dishwasher, 2 sinks, each with drainer, wash hand basin, double panini toaster, walk-in coldroom, walk-in deep freeze etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of only £9,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,800 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED COFFEE SHOP/BISTRO RESTAURANT IN THIS MOST SOUGHT AFTER RESIDENTIAL AREA.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent High Street trading position, sought after residential area, SURREY.

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit 68/70% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 8 a.m. - 4 p.m.
NO SUNDAY TRADING
The business is also closed on all Bank Holidays
It will be appreciated upon inspection that there is terrific potential for evening opening, if desired.

Employees:

At present mainly staff operated with the assistance of 2 partners on a part time basis. Staff employed 1 full time chef plus 1 additional full time staff plus 3 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