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Newly fitted CAFÉ/RESTAURANT

Price:
Leasehold - £100,000
Turnover:
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Seller Ref:
R2682
Location:

Essex

Business Type:

Food Service Businesses

See Other:
Cafés for sale in Essex
Restaurants for sale in Essex
Fast food restaurants for sale in Essex
Food service businesses for sale in Essex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have A3 use. Newly fitted and opened approximately 6 months ago. In our opinion the business offers tremendous potential for further development in the right hands.

ATTRACTIVE CAFÉ/RESTAURANT with tables and chairs providing seating for 44 persons. Cool display counter, electronic cash register, coffee machine (on rental), 1 upright glass fronted drinks display fridge.

KITCHEN AT REAR with non-slip floor, stainless steele extractor, stainless steel cladding, 6-burner gas cooker, double deep fryer, 3-burner griddle, 2 stainless steel fridges, 3 deep freezes etc.

Ladies'/disabled cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin

To the rear of the Café are 2 staffrooms each comprising 1 room, en suite shower, w.c. and wash hand basin

WE ARE INFORMED the turnover currently averages in excss of £3,000 p.w. in our opinion offering further potential to increase in the right hands.

We understand the premises are held on a secure renewable lease for a period of 20 years from November, 2010 at a rental of £26,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,400 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 £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, residential and commercial area, close to railway station, ESSEX
Trading Hours:
Monday - Friday inclusive - 7 a.m. - 7 p.m.
Saturday & Sunday - 8 a.m. - 6 p.m.
Accommodation:
The accommodation in the form of a SELF CONTAINED FLAT over is at present let ona shorthold tenancy and provides a rental income of £750 per month, however, we understand vacant possession can be given on completion, if desired. The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Shower room with shower, w.c. and wash hand basin
Lounge
Kitchen

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