| (REF: R1544) Fully equiped CAFÉ |
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| Seller Reference: |
R1544 |
| B4S Reference: |
20844 |
| Asking Price: |
£29,950
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£57,200 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West Midlands County, the West Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : SINGLE FRONTED CAFÉ - recently refurbished- with new lino floor. New tables and chairs plus breakfast bar providing seating in total for 15 persons.
Level kitchen. The equipment includes 4-burner cooker, double deep fryer, heavy duty griddle, 4 fridges, 1 upright glass fronted drinks fridge plus 1 small glass fronted drinks fridge (both on loan from Coca Cola), 1 chest deep freeze, double sink and drainer, wash hand basin.
Shared staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £1,100 p.w. (plus buffets), in our opinion offering tremendous potential for further increase, especially with additional opening hours. We further understand there is additional turnover from outside catering, recently commenced.
We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £7,800 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter. We further understand that the landlord will consider a surrender of the existing lease and the granting of a new 15 years lease at rent and terms to be agreed.
Uniform Business Rates: Nil payable at present
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, town centre, WEST MIDLANDS |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Friday inclusive - 7 a.m. - 2 p.m.
Saturday opening - 7 a.m. - 12.30 p.m.
NO SUNDAY TRADING (Optional) |
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The business is at present operated under manager with the assistance of 1 full time staff plus 1 part time driver on Fridays for deliveries. |
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