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ATTRACTIVE LICENSED CAFÉ/RESTAURANT & SANDWICH BAR

Price:
Leasehold - £65,000
Turnover:
Register to view
Seller Ref:
R3217
Location:

Essex

Business Type:

Food Service Businesses

See Other:
Fast food restaurants for sale in Essex
Sandwich shops for sale in Essex
Cafés 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 : DOUBLE FRONTED LICENSED CAFÉ/RESTAURANT & SANDWICH BAR, tiled floor, ceiling lighting. Tables and chairs providing seating for 30 persons. Cool display serveover counter, 2 group coffee machine, coffee grinder.

Stairs to BASEMENT providing additional seating area with tiled floor, ceiling lighting. Tables and chairs for a further 20/25 persons. BAR

From the ground floor there is a staircase to the first floor area providing a further seating area with woodstrip floor. Tables and chairs for 25 persons.

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

GROUND FLOOR OPEN PLAN LEVEL KITCHEN AREA with tiled floor and tiled walls, stainless steel extractor unit, 6-burner gas cooker, double deep fryer, 4 microwave ovens, double sink and drainer, stainless steel work table, wash hand basin, 2-door stainless steel counter fridge, 1 upright double door stainless steel fridge, 1 upright single door stainless steel fridge, 1 upright stainless steel deep freeze.

On the first floor there is a storage area with 2 chest deep freezes

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

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 9½ years unexpired at a rental of £15,500 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a terrace, Town Centre, ESSEX
Trading Hours:
Monday - Saturday inclusive - 7.30 a.m. - 4.30 p.m.
NO SUNDAY TRADING
It will be appreciated u
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