Traditional All Day Cafe – Busy Bristol Suburb
Price:
Leasehold - £22,500
Business Type:
Food Service Businesses
LOCATION:
Kingswood is a suburb of Bristol, on the eastern outskirts of the city. It stands on the main A420. There is a busy main shopping street and pedestrian precinct which serves a considerable residential area.
BUSINESS:
30 cover traditional café in a good location with well established trade. This is an ideal business for a committed couple to operate with limited further assistance
Currently serving traditional English food, light meals & snacks. All day breakfasts are a speciality.
Plenty of potential to expand the menu.
TRADE:
Turnover of £59,149 in the year ended 30 November 2010.
Please note that if a business is VAT registered, all figures exclude VAT.
STAFF:
Currently operated by the owner with only part time support.
HOURS:
Monday to Saturday 7.30am to 4pm.
BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The café stands 30 yards from the main shopping thoroughfare up a busy side street and benefits from significant footfall.
Cafe and counter area:
Glass entrance doorway, leading to seating area with wooden tables and chairs to seat approx 30.
Wooden counter/servery with till with glass cabinet to side for cold drinks.
Through to:
Kitchen:
Cooking area, with work-tops and cooking equipment.
Equipment includes:
Ceramic hob and grill. Hot-dog machine
Stainless steel sandwich toaster
Deep fat Fryer
Microwave x 2
Blender
Fridge
Freezer x 2
Chilled drink cabinet
Water boiler
Bain marie
Extractor fan
Good supply of utensils, pots & pans, etc.
Wash up area with storage.
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.
OUTSIDE:
Access to the shop front via wide pavement area.
TENURE:
Leasehold.
Ten year lease from the 1st May 2005. Charges for rent, business rates, water, heating and lighting came to £11,046 in year to 30 November 2010.
LEGAL FEES:
Vendors and Buyers each to meet their own legal costs, but if a lease is to be assigned from the vendor to the buyer they will also be expected to share the landlord’s legal costs on a 50/50 basis. If a buyer wishes to negotiate a ‘new’ lease, they will be responsible for all the landlord’s legal costs.
LOCAL AUTHORITY:
South Gloucestershire Council
SERVICES:
We understand from the vendor that all main services are connected to the property with the exception of gas.
GUIDE PRICE:
The vendor is seeking £22,500 plus stock at valuation, for the lease, business goodwill, fixtures, fittings and equipment, subject to inventory.
STOCK:
The vendor informs us that the value of the stock is approximately £600
VIEWING ARRANGEMENTS:
Via Agents only
NOTE:
This information has been obtained either from the current rate demand for the property, or by telephone from the local authority. The amount payable is the standard rate for the Rateable Value shown. In some circumstances this may vary, and therefore it is recommended that. potential buyers make their own enquiries through the local authority to check whether the rateable value remains correct and whether the rates payable will be the figure quoted above.
North Yorkshire
£ 750,000
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