EXCEPTIONALLY SUCCESSFUL TAKE-AWAY & CAFE

Price:

Leasehold - £249,950

Seller Ref:

Tiffins

Location:

Isle of Wight , Town Centre, Cowes

Business Type:

Food Service Businesses, Retail businesses

See Other:

Sandwich shops for sale in Isle of Wight
Coffee shops for sale in Isle of Wight
Delicatessens for sale in Isle of Wight
Food service businesses for sale in Isle of Wight
Retail businesses for sale in Isle of Wight

Description:

THE BUSINESS:

Established for our clients for approximately 11 years, Tiffins of Cowes has undoubtedly developed in to one of the busiest businesses of its type on the Island. Signficant turnover is derived from the sale of take-away sandwiches, baguettes, pastries and hot and cold drinks. Trade is further bolstered by the order and supply of food stuffs and packed lunches to the local Yacht Clubs and Event Organisers during the busy and extending Summer Season that Cowes is so famous for. This is a family run business which is offered for sale discreetly as our clients have now made the decision to pursue a less hectic life style! Accounting information provided clearly shows that a most buoyant turnover and healthy profits are available to the right operators and it should be noted that the business is currently run as a limited company and either a sale of the share issue or assets and goodwill will be considered, subject to terms. Detailed financial information is available upon request to bona fide applicants after inspection.

Location Details:

Tiffins of Cowes is located in a prime Cowes High Street situation. Directly adjacent to the entrance to Cowes Yacht Haven and opposite The Anchor Inn public house. Lloyds Bank, Sainsbury's and several upmarket fashion retailers are also nearby

Lease Terms:

A 15 year term from 16th November 2008 granted by the Cowes Town Waterfront Trust Limited. The current passing rent is £24,000 per annum exclusive with rent reviews scheduled at 5 yearly intervals.

Trading Hours:

Generally opening hours are Monday to Sunday 8.30 a.m. yo 4.30 p.m.