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Newly fitted CAFÉ

Price:
Leasehold - £45,000
Turnover:
Register to view
Seller Ref:
R3166
Location:

Wales, South Wales

Business Type:

Food Service Businesses

See Other:
Cafés for sale in Wales
Restaurants for sale in Wales
Fast food restaurants for sale in Wales
Food service businesses for sale in Wales
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have A3 use. The Café currently caters for breakfasts, lunches, sandwiches, baguettes, grills, teas and coffees.

Service road in front of parade with ample customer's car parking

SPACIOUS NEWLY FITTED CAFÉ with quality tiled floor, suspended ceiling with concealed lighting. Tables and chairs providing seating for 32 persons. Menu board, upright slimline glass fronted display fridge (on loan from Coca Cola), counter, electronic cash register, 2 group coffee machine, coffee grinder (both on loan).

OPEN PLAN KITCHEN with non-slip floor. Fully equipped including stainless steel extractor unit, stainless steel cladding to walls, 4-burner gas cooker with double oven, large gas griddle, double electric deep fryer, panini toaster, microwave oven, 3-pot bain marie, stainless steel table, 3-door stainless steel counter fridge with refrigerated topping section, upright glass fronted fridge, dishwasher, double sink and drainer, wash hand basin, chest deep freeze etc.

Stairs to first floor large customer's cloakroom with w.c. and wash hand basin plus additional cloakroom with w.c. and wash hand basin
Storeroom, deep freeze

WE UNDERSTAND THE CAFÉ was opened in approximately April, 2011 and we are further advised that the turnover is currently in the region of £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. As stated we understand the premises have A3 use and we further understand that a condition of that permission is that the business is closed by 7 p.m. each day.

We understand the premises are held on a secure renewable lease for a period of 15 years from October, 2010 at a rental of £9,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £550 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 £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, residential area, SOUTH WALES
Trading Hours:
Monday - Saturday inclusive - 8 a.m. - 5 p.m.
Sunday opening - 10 a.m. - 4 p.m.
Accommodation:
Situated on the first floor is a large front room which in our opinion has potential to convert into small private accommodation, subject to the necessary permission.

Service area at rear of parade
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