| (REF: R2155) Profitable Cafe/Restaurant |
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| Seller Reference: |
R2155 |
| B4S Reference: |
27097 |
| Asking Price: |
£44,999
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£150,800 |
| Number of Staff: |
1 |
| 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 : SPACIOUS SINGLE FRONTED CAFÉ/RESTAURANT with tiled floor, suspsended ceiling with concealed lighting. Tables and chairs providing seating for 88 persons. Counter, electric cash register, Stills boiler.
FULLY FITTED LEVEL COMMERCIAL KITCHEN with tiled floor, stainless steel extractor unit, 6-burner gas cooker, double deep fryer, 3 stainless steel fridges, 1 small fridge, 4 chest deep freezes, double sink and drainer, wash hand basin. Full CCTV System, Intruder Alarm system, Air conditioning
Ladies and gentlemens cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £2,900 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, the present lease having approximately 12 years unexpired at a rental of £21,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £8,000 p.a.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £44,999 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: |
Situated on the first floor is a BEDSITTING ROOM with shower and wash hand basin. It will be appreciated upon inspection that this could be utilized as limited accommodation.
Car parking space for 2 cars |
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Location: |
Situated in a parade, excellent main road trading position, commercial area, 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 - Saturday inclusive - 8.30 a.m. - 5 p.m.
NO SUNDAY TRADING with the exception of during the summer months i.e. June, July & August, the business opens on Sunday from 9.30 a.m. - 3 p.m. |
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The business is at present operated by the vendors wife on a full time basis with the assistance of the vendor on a part time basis plus 2 full time and 2 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. |
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