| (REF: R8714) Old Established Café/Restaurant |
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| Seller Reference: |
R8714 |
| B4S Reference: |
21329 |
| Asking Price: |
£85,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£93,600 |
| Number of Staff: |
3 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Hertfordshire, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED CAFÉ/RESTAURANT with tiled floor. Tables, chairs plus bench seating for 46 persons. Counter, upright drinks fridge, fresh milk dispenser, coffee perculator (owned), Stills hotwater boilder.
Large kitchen with quarry tiled floor. The equipment includes 8-pot bain marie, 2 6-burner gas cookers, griddle, deep fryer, 2 microwave ovens, 1 upright deep freeze, double door fridge, stainless steel tables, gravity feed slicer, dishwasher, 3 sinks and drainer, water softener etc.
Rear store with chest deep freeze
Customers cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £1,500/£2,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Gross profit 65/70% approx.
We understand the premises are held on a new 12 years lease from the 28th September, 2007 at a rental of £17,500 p.a. exclusive of rates up to the 29th September, 2011, with rent review at that time and thereafter every 4 years.
Uniform Business Rates last year £4,500 p.a. approx. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 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 accommodation comprises:
First Floor
Large Lounge with laminated strip floor
Kitchen
1 Double Bedroom
Bathroom with bath, shower over bath, w.c. and wash hand basin
Stairs to second floor providing 2 further double bedrooms
Yard at rear |
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Location: |
Situated in a parade, excellent trading position, HERTFORDSHIRE |
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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 - 7.30 a.m. - 2.30 p.m.
Saturday opening - 7.30 a.m. - 2 p.m.
NO SUNDAY TRADING |
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The business is at present operated by a husband and wife team with the assistance of 1 part time lady. |
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