WELL ESTABLISHED COFFEE SHOP/LICENSED RESTAURANT
Price:
Leasehold - £135,000
Location:
Wales, South Wales
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED PREMISES, fully carpeted, ceiling with spot and strip lighting. Tables and chairs providing seating for approx. 70 persons with the advantage of a large function room providing seating for an additional 50 persons and therefore in our opinion there is tremendous potential for additional opening hours. Servery with electronic cash register, upright single door drinks display fridge.
Level kitchen with industrial non-slip floor, plastic cladding to walls. The comprehensive equipment includes 1 6-burner gas cooker, double deep fryer, grill, bain marie, 1 upright double door stainless steel fridge, 1 upright single door stainless steel deep freeze, commercial dishwasher, 2 microwave ovens, 6-pot bain marie, double sink and drainer, 2 extractor canopies etc.
Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Stairs to large basement function room with attractive wood effect floor, wall and ceiling lighting. Tables and chairs providing seating for an additional 50 persons.
Fully equipped kitchen/preparation room. The equipment includes 1 6-burner gas cooker, grill, double deep fryer, 1 large fridge, 1 upright stainless steel deep freeze, 2 chest deep freezes.
WE ARE INFORMED the turnover currently averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a new 10 years renewable lease at a rental of £19,000 p.a. plus VAT, exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £7,230 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 ono plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, prime trading position, close to Marks & Spencer and approx. 50 yards from the central bus station, SOUTH WALES.
UK Non-Specific
£ 800,000
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