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(REF: R2768)  Attractive Coffee Shop/Sandwich Bar
 
Seller Reference: R2768
B4S Reference: 28109
Asking Price: £105,000
Net Profit: Undisclosed
Sales Revenue: £195,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Surrey, South East England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Front forecourt area with space for tables and chairs for 20 persons to -

Attractive Coffee Shop/Sandwich Bar, single fronted (can be fully open front - weather permitting). Woodstrip floor, ceiling with inset spotlighting. Tables and chairs providing seating for 35 persons. 1 cool display serveover counter with refrigerated storage section, 1 additional cool display serveover counter (for cakes etc), 2 group coffee machine, panini toaster, 2 microwave ovens, 3 door stainless steel counter fridge, 1 chest deep freeze, 1 upright deep freeze.

Kitchen at rear with dishwasher, 1 electric oven, 1 fan assisted oven, slicing machine, hot cabinet for jacket potatoes, double sink and drainer etc.

Customers cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £3,750/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 1 year unexpired at a rental of £20,500 p.a. exclusive of rates. We understand the landlords will consider a surrender of the exisiting lease and subject to satisfactory references grant a new 15 years lease at a rental of £23,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £7,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, excellent trading position, SURREY
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Saturday inclusive - 7.30 a.m. - 5 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for Sunday opening if desired.
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 3 full time and 1 part time staff.





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