ADVERT TEXT
CHARMING LEASEHOLD LIC. RESTAURANT/COFFEE SHOP
BUSINESS
Established for over 20 years this reputable concern offers great home made British food, breakfasts, morning coffee, lunch and afternoon teas. Currently entirely staff run offering tremendous potential for an owner manager to further develop with longer opening hours, especially evenings to exploit the drinks licence.
TURNOVER
Current accounts for the year ending 31st May 2026 show takings of £459,173 pa plus £11,800 pa flat rental income with a gross profit of £368,520.
The accounts show a net profit before tax of £47,295pa after a wage bill of £191,932pa.
STAFF
8 full time 6 part time WAGES £192,000 P.A (Approx)
TENURE
New 15 year lease from June 2025 with a rent of £68,000 pa rising by £1,000 pa for the next 4 years. 5 year rent reviews.
EPC RATING
Not required
BUSINESS RATES
£8,000 P.A. (Payable)
