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(REF: R3189)  Superbly Fitted Licensed Cafe/Restaurant
 
Seller Reference: R3189
B4S Reference: 32527
Asking Price: £245,000
Net Profit: Undisclosed
Sales Revenue: £468,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Hertfordshire, the East of England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Full On Licence

Well appointed LICENSED CAFÉ/RESTAURANT catering for breakfasts, lunches, teas, coffees and evening meals.

Front area with space for 3 tables and 8 chairs.

ATTRACTIVE & SPACIOUS SINGLE FRONTED RESTAURANT with quality laminated woodstrip floor and sophisticated décor throughout. Full Gas Fired Central Heating. Air conditioning (hot & cold). New tables, chairs plus upholstered seating providing seating for 35 persons. ATTRACTIVE BAR, 2 group coffee machine, 3-door glass fronted counter fridge, computerised till system, ice machine, sink.

OPEN PLAN KITCHEN fully equipped including 1 6-burner gas cooker, charcoal grill, 1 2-door stainless steel counter fridge, 2 3-door stainless steel counter fridges, commercial microwave oven, dishwasher, single sink and drainer, wash hand basin etc.

Storeroom with 3 chest deep freezes, 1 upright stainless steel deep freeze, 3 upright stainless steel fridges.

Fully tiled cloakroom with w.c. and wash hand basin plus baby changing facilities

WE ARE INFORMED the turnover averages £9,000 p.w. offering further potential to increase in the right hands. Gross profit we are advised in the region of 72%.

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £28,248 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £10,390 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED CAFÉ/RESTAURANT IN THIS EXCELLENT SOUTH HERTFORDSHIRE TOWN.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £245,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: 2 parking spaces
 
  Location: Situated in a parade, excellent trading position, sought after HERTFORDSHIRE TOWN
  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 - 8.30 a.m. - 4.30 p.m.
Tuesday - Saturday inclusive - 8.30 a.m. - 9.30 p.m. (last orders)
Sunday opening - 9 a.m. - 4 p.m.
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance 2 full time chefs plus 1 part time chef, 2 full time washer-ups. Plus restaurant area - 1 full time plus 2 part time. Wages paid in the region of £1,700 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.





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