Attractive Detached Licensed Cafe Restaurant For Sale

Business description

The business is situated close to a large multiple store and with the advantage of a Car Park nearby.

Grade II Listed Building

Front area with space for 2 tables and 8 chairs (can be increased to accommodate 8 tables and 24 chairs). (We understand a Licence Fee is payable to the local authority).

GROUND FLOOR ATTRACTIVE LICENSED CAFÉ/RESTAURANT with vinyl wood effect floor, wall and ceiling lighting. Tables and chairs providing seating for 18/20 persons.

OPEN PLAN KITCHEN 2 cool display serveover counters, 2 group coffee machine, cool display salad unit, microwave oven, jacket potato oven etc.

FIRST FLOOR ADDITIONAL CAFÉ/RESTAURANT AREA with vinyl wood effect floor, wall and ceiling lightint. Tables and chairs providing seating for 20 persons (can be increased).

FIRST FLOOR KITCHEN with combination electric oven, 1 6-burner gas cooker, 2 2-door stainless steel counter fridges, 1 stainless steel hot cupboard, 3 stainless steel storage cabinets, mixer, Blendex 2 hand blenders, microwave oven, double sink and drainer, dishwasher etc.

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

SECOND FLOOR ADDITIONAL CAFÉ/RESTAURANT AREA, carpeted. Tables and chairs providing seating for 25/30 persons.

Claokroom with w.c. and wash hand basin
Separate shower room
Staff room

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a current rental of £16,050 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £5,700 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises: 1 Bedroom (1 double, 1 single) Showroom, w.c. and wash hand basin Lounge

Location:

Town centre position, OXFORDSHIRE

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £1,800/£2,000 p.w. in our opinion offering further potential to increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 10 a.m. - 3 p.m.
In addition the business opens on Friday & Saturday evening from 7 p.m. - 10 p.m.

Employees:

At present operated by a husband and wife team with the assistance of 1 part time plus casual staff.

Other information

Financing available:

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