| (REF: R2682) Newly Fitted Cafe/Restaurant |
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| Seller Reference: |
R2682 |
| B4S Reference: |
26711 |
| Asking Price: |
£100,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£156,000 |
| Number of Staff: |
2 |
| 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 : We understand the premises have A3 use. Newly fitted and opened approximately 6 months ago. In our opinion the business offers tremendous potential for further development in the right hands.
ATTRACTIVE CAFÉ/RESTAURANT with tables and chairs providing seating for 44 persons. Cool display counter, electronic cash register, coffee machine (on rental), 1 upright glass fronted drinks display fridge.
KITCHEN AT REAR with non-slip floor, stainless steele extractor, stainless steel cladding, 6-burner gas cooker, double deep fryer, 3-burner griddle, 2 stainless steel fridges, 3 deep freezes etc.
Ladies/disabled cloakroom with w.c. and wash hand basin
Gentlemens cloakroom with w.c. and wash hand basin
To the rear of the Café are 2 staffrooms each comprising 1 room, en suite shower, w.c. and wash hand basin
WE ARE INFORMED the turnover currently averages in excss of £3,000 p.w. in our opinion offering further potential to increase in the right hands.
We understand the premises are held on a secure renewable lease for a period of 20 years from November, 2010 at a rental of £26,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,400 p.a. approx. (after small business relief)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 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 in the form of a SELF CONTAINED FLAT over is at present let ona shorthold tenancy and provides a rental income of £750 per month, however, we understand vacant possession can be given on completion, if desired. The accommodation comprises:
2 Bedrooms (1 double, 1 single)
Shower room with shower, w.c. and wash hand basin
Lounge
Kitchen
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Location: |
Situated in a parade, busy road, residential and commercial area, close to railway station, 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. - 7 p.m.
Saturday & Sunday - 8 a.m. - 6 p.m. |
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At present operated by 2 partners with the assistance of 1 chef plus 1 washer-up 1 part time waitress. |
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