Buy a Spacious Well Fitted Coffee House/Restaurant For Sale business for sale in Surrey on BusinessesForSale.com

  • Advert ID: 699019
  • (Seller ref: R9117)

Spacious Well Fitted Coffee House/Restaurant For Sale


Location:
Category:

Listed by:

Asking price:
£145,000
Sales revenue:
£145,600
Net profit:
Available on request
Employees:
The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 5 part time staff. Wages paid £550 p.w.

No image available

Outstanding opportunity to acquire a superbly fitted Coffee House/Restaurant with the benefit of a Restaurant Licence for the sale of wines, beers and spirits. At present catering for coffees, teas, snacks plus light catering meals. In our opinion there is potential for evening opening, if desired.

Full Gas Fired Central Heating

IMPRESSIVE & SPACIOUS DOUBLE FRONTED PREMISES. Front section with woodstrip floor, rear section with ceramic tiled floor, high ceiling with inset lighting plus hanging lighting. Quality tables and chairs plus 6 armchairs providing seating for 46 persons. Attractive counter, back work surface with sink, ice cream display deep freeze, cool display unit for cakes etc. 3 group coffee machine, coffee grinder, computerised till with 2 printers, 3 blenders, 2 fridges.

Kitchen area with tiled floor. Fully equipped including 2-deck stonebased pizza oven, refrigerated stainless steel counter fridge, 1 small double panini toaster, 1 large panini toaster, 1 6-burner gas cooker with oven, 1 small fridge, 1 small deep freeze, wash hand basin.

Wash-up area with dishwasher, sink and drainer, ice maker

Half tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Stairs to large basement with tiled floor comprising store area with 2 fridges, 2 chest deep freezes, shelving, gravity feed slicer
Office with computer
Staffroom


Property:
Leasehold
Lease terms:
We understand the premises are held on a secure renewable lease having 11 years unexpired from July, 2007 at a rental of £12,000 p.a. exclusive of rates up to July, 2009, increasing at that time to £18,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,800 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED COFFEE HOUSE/RESTAURANT IN THIS EXCELLENT TRADING POSITION.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED
Location:
Situated in a parade, excellent trading position, sought after residential and office area, SURREY.

Expansion potential:
WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.
Reasons for selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Trading hours:
Monday - Saturday inclusive - 8.30 a.m. - 6 p.m.
NO SUNDAY TRADING
Financing available:
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

For more information about this business for sale, click the Contact Seller button.

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