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(REF: R3166)  Newly fitted CAFÉ
 
Seller Reference: R3166
B4S Reference: 32548
Asking Price: £45,000
Net Profit: Undisclosed
Sales Revenue: £78,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: United Kingdom
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Similar business types:
Cafe Bars For Sale in Wales   |  Cafe Bars For Sale in Wales
  Business Summary   
  Nationwide are pleased to offer to the market : We understand the premises have A3 use. The Café currently caters for breakfasts, lunches, sandwiches, baguettes, grills, teas and coffees.

Service road in front of parade with ample customers car parking

SPACIOUS NEWLY FITTED CAFÉ with quality tiled floor, suspended ceiling with concealed lighting. Tables and chairs providing seating for 32 persons. Menu board, upright slimline glass fronted display fridge (on loan from Coca Cola), counter, electronic cash register, 2 group coffee machine, coffee grinder (both on loan).

OPEN PLAN KITCHEN with non-slip floor. Fully equipped including stainless steel extractor unit, stainless steel cladding to walls, 4-burner gas cooker with double oven, large gas griddle, double electric deep fryer, panini toaster, microwave oven, 3-pot bain marie, stainless steel table, 3-door stainless steel counter fridge with refrigerated topping section, upright glass fronted fridge, dishwasher, double sink and drainer, wash hand basin, chest deep freeze etc.

Stairs to first floor large customers cloakroom with w.c. and wash hand basin plus additional cloakroom with w.c. and wash hand basin
Storeroom, deep freeze

WE UNDERSTAND THE CAFÉ was opened in approximately April, 2011 and we are further advised that the turnover is currently in the region of £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. As stated we understand the premises have A3 use and we further understand that a condition of that permission is that the business is closed by 7 p.m. each day.

We understand the premises are held on a secure renewable lease for a period of 15 years from October, 2010 at a rental of £9,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £550 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 £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Situated on the first floor is a large front room which in our opinion has potential to convert into small private accommodation, subject to the necessary permission.

Service area at rear of parade
 
  Location: Situated in a parade, busy road, residential area, SOUTH WALES
  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 p.m.
Sunday opening - 10 a.m. - 4 p.m.
  Summary of Staffing   
  At present operated under management. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.





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