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Spacious well equipped CAFÉ

Price:
Leasehold - £140,000
Turnover:
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Seller Ref:
R8173
Location:

Essex

Business Type:

Food Service Businesses

See Other:
Cafés for sale in Essex
Other takeaways for sale in Essex
Restaurants for sale in Essex
Food service businesses for sale in Essex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : No Parking Restrictions

Front patio area with iron railings. Tables and benches providing seating for 24 persons to -

SPACIOUS CAFÉ with industrial non-slip floor, suspsended ceiling with concealed lighting. Air conditioning. Tables and chairs providing seating for 56 persons. Upright double door drinks display fridge (on loan from Coca Cola), stainless steel counter, hotwater boiler.

Level kitchen area with stainless steel extractor, 6-burner gas cooker, gas griddle, double deep fryer, 3 fridges, 5 chest deep freezes, sink and drainer, wash hand basin.

Office area
Stockroom

Tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

The vendor owns the long leasehold property and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,200 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Unopposed trading position, industrial estate, ESSEX
Trading Hours:
Monday - Friday inclusive - 7 a.m. - 2 p.m.
Saturday opening - 7 a.m. - 1 p.m.
It will be appr
Accommodation:
2 allocated parking spaces
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