| (REF: R8173) Spacious Well Equipped Café |
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| Seller Reference: |
R8173 |
| B4S Reference: |
21198 |
| Asking Price: |
£140,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£156,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Essex, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : No Parking Restrictions
Front patio area with iron railings. Tables and benches providing seating for 24 persons to -
SPACIOUS CAFÉ with industrial non-slip floor, suspsended ceiling with concealed lighting. Air conditioning. Tables and chairs providing seating for 56 persons. Upright double door drinks display fridge (on loan from Coca Cola), stainless steel counter, hotwater boiler.
Level kitchen area with stainless steel extractor, 6-burner gas cooker, gas griddle, double deep fryer, 3 fridges, 5 chest deep freezes, sink and drainer, wash hand basin.
Office area
Stockroom
Tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
The vendor owns the long leasehold property and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,200 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
2 allocated parking spaces |
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Location: |
Unopposed trading position, industrial estate, ESSEX |
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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. - 1 p.m.
It will be appreciated upon inspection that there is terrific potential for additional opening hours. |
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The Café is at present operated by the vendor with the assistance of his brother plus 1 full time cook, 1 full time washer-up, 1 full time plus 1 part time counter staff. |
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