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Long Established Cafe/sandwich Bar In South Essex For Sale

Southend-On-Sea, Essex, UK
Asking Price:
£20,000
Turnover:
£50K - £100K
Net Profit:
Available on request

Take a look at this well presented cafe/sandwich bar business trading from a shopping parade in South Essex which we have been instructed to sell on behalf of clients. The business has operated from these premises for nine years before being sold to our client five months ago. We appreciate that the property is re-available very quickly but the seller has had a change in circumstances which means the business is for sale again.

Huge potential is offered under new dynamic ownership, we are advised that the business previously enjoyed a high turnover in the region of £100,000 working to limited opening hours of 8am until 3pm, the lease has no restrictions on later evening opening. All the equipment is owned and included within the sale price.

Shopfront with central entrance door leading to:

Customer Seating Area and Counter /
18'5 x 13'6
Eight covers, floor tiles, suspended ceiling with florescent strip lighting, wall mounted menu boards, two chiller units, freestanding drinks chiller (on loan), wall mounted hand sink, appliance space with two fridges, coffee machine, panini press, stainless steel preparation table, hot glass cabinet, table top ice cream dispenser, blender, storage cupboard with product shelving and electric fuse box, access to:

Rear Store/Staff Space /
13'0 x 10'6
Window to rear aspect, freestanding commercial refrigerator, chest freezer, radiator, floor covering, racking for product shelving, power points, wall mounted sink, access to:

Kitchen /
13'0 x 5'4
Fitted food preparation surfaces with inset sink unit, appliance space with two fridges, two microwaves, wall mounted storage cupboards, power points, access to:

Inner Lobby /
4'7 x 3'6
Wall mounted wash basin with tiled splashback, floor covering, door to rear yard, access to:

Staff Cloakroom /
2'6 x 2'4
Toilet, floor covering.

Outside /
Metal shed and parking space.

Terms of Lease /
We are advised that the lease has an unexpired term of five years at a rent of £7500 per annum.

Price /
£20,000 to include Lease, Goodwill and all Equipment.

Property Information

Property:

Leasehold

Location:

The business is located within a main shopping parade.

Premises Details:

Ground Floor Commercial Premises with rear staff area and kitchen.

Business Operation

Reasons for selling:

Other business commitments.

Employees:
1
Years established:
10 Years +

Other Information

Related Documents: