Spacious Well Equipped Ice Cream Parlour For Sale

Business description

Outstanding opportunity to acquire a fully equipped Ice Cream Parlour specialising in ice creams, teas, coffees, milkshakes and cakes.

IMPRESSIVE DOUBLE FRONTED PREMISES approx. 1,400 sq. ft. newly fitted and opened in March, 2009. Ceramic tiled floor, suspended ceiling with concealed lighting. New tables and chairs providing seating for 40 persons. Large ice cream display counter with 24 flavour ice cream section, glass cool display counter for cakes, 2 group automatic coffee machine, 2 milkshake blenders, 1 computerised cash register, 4 fridges, walk-in deep freeze etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 22 years unexpired at a rental of £49,000 p.a. exclusive of rates up to October, 2010, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £21,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent trading position, LONDON, E

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.

Reasons for selling:

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £350,000 plus STOCK AT VALUATION (£2,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

12 noon - 12 midnight seven days per week

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.