| (REF: R9169) Old Established Café/Restaurant |
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| Seller Reference: |
R9169 |
| B4S Reference: |
21201 |
| Asking Price: |
£78,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£130,000 |
| Number of Staff: |
3 |
| 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 : SPACIOUS SINGLE FRONTED CAFÉ/RESTAURANT with electric shutters, non slip floor, suspended ceiling with concealed lighting. Fixed tables and fixed chairs providing seating for 48 persons. Curved cool display counter, electronic cash register, 2 group coffee machine, upright glass fronted drinks display fridge (on loan), electric griddle, 4-pot bain marie, gas cooker, small upright deep freeze, 2 domestic microwaves, fridge/freezer etc.
Open plan kitchen area with stainless steel cladding to walls, extractor unit,
Rear kitchen for washing up with double sink and drainer, dishwasher, chest deep freeze, glass fronted fridge, fridge/freezer etc.
Fully tiled ladies and gentlemens cloakrooms each with w.c. and wash hand basin
Storeroom
Basement used for storage purposes with 3 chest deep freezes
WE ARE INFORMED the turnover averages £2,500/£3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
We understand the entire premises are held on a secure renewable lease for a period of 12 years from the 22nd December, 2004 at a rental of £16,000 p.a. exclusive of rates up to December, 2008. The landlord has requested that the rent is increased from December, 2008 to £19,000 p.a. exclusive of rates up to December, 2012 with rent to be agreed thereafter.
Uniform Business Rates: £5,700 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £78,000 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: |
The self contained accommodation comprises:
First Foor
Living Room
Large Kitchen
Bathroom with bath, w.c. and wash hand basin
Second Floor
3 Bedrooms (1 double, 2 singles)
Additional bathroom with bath, w.c. and wash hand basin
Yard with parking space for 1 car
Double Garage (at present let and providing a rental income of £25 p.w). |
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Location: |
Situated in a parade, main road trading position, densely populated residential and commercial area, 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 - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 9 a.m. - 4 p.m. |
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The business is at present operated by a lady vendor with the assistance of her partner on a part time basis plus 3 full time staff. |
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