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(REF: R2830)  Well Fitted Licensed Cafe/Sandwich Bar
 
Seller Reference: R2830
B4S Reference: 29000
Asking Price: £50,000
Net Profit: Undisclosed
Sales Revenue: £166,400
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Surrey, South East England, United Kingdom
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Similar business types:
Cafe Bars For Sale in Surrey   |  Cafe Bars For Sale in Surrey
  Business Summary   
  Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a spacious Internet Café with full A3 use

Situated in a large shopping area which we understand was recently enlarged to include a new shopping centre completed approximately 3/4 years ago complete with cinema, bowling alley and 200 flats.

The Licensed Café plus full separate Internet facilities on the first floor. The Cafe caters for breakfasts, hot & cold lunches, sandwiches, paninis, homemade cakes etc.

Front forecourt area with tables and chairs providing seating for 15/20 persons. Licence Fee for this area currently in the sum of £104 p.a. is payable to the Council.

SPACIOUS SANDWICH BAR recently refurbished with attractive tiled floor, suspended ceiling with spotlighting. Well equipped including tables and chairs providing seating for up to 40 persons. Large cool display serveover counter, 4 small undercounter fridges, 1 upright single door counter fridge (for beers and wines), 1 upright stainless steel larder fridge, upright glass fronted display fridge (on loan from Coca Cola), griddle, stainless steel extractor unit, 2 microwave ovens, turbo fan assisted electric oven, large panini grill, toastie maker, 2 under-counter freezers , single sink and drainer, dishwasher. Wsh hand basin etc.

Disabled cloakroom with w.c. wash hand basin and baby changing facilities

Lobby with fridge/freezer
Stockroom
Staff toilet

Rear staircase to first floor area equipped as an INTERNET CAFE with 4 computers and scanner

Large first floor office plus stockroom with 1 chest deep freeze, 1 small deep freeze, 1 large fridge.

WE ARE INFORMED the turnover averages £3,200 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 expiring in June, 2015 at a rental of £37,500 p.a. exclusive of rates, fixed for the remainder of the term. In addition we understand there is a current service charge of approximately £6,000 p.a.

Uniform Business Rates: £13,200 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Excellent trading position, prominent shopping area, 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 - 8 a.m. - 5.30 p.m.
Sunday opening - 10 a.m. - 4 p.m.
  Summary of Staffing   
  The business is at present operated by the vendors wife with the assistance of the vendor on a part time basis plus 1 assistant manager and 2 part time staff. In addition there are 4 casual staff employed at weekends.





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