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Recently opened MILKSHAKE BAR catering for milkshakes, waffles, smoothies,

Price:
offers invited
Turnover:
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Seller Ref:
R3035
Location:

Hampshire

Business Type:

Food Service Businesses, Retail businesses

See Other:
Sandwich shops for sale in Hampshire
Coffee shops for sale in Hampshire
Juice bars for sale in Hampshire
Ice cream parlours for sale in Hampshire
Food service businesses for sale in Hampshire
Retail businesses for sale in Hampshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have Full A3 use and in our opinion in view of the busy trading position, there is potential for other types of catering, if desired.

We understand that there is a new development being undertaken within approximately 300 yards of the business. We understand from the present owner that this is going to include a Morrisons Supermarket, 8 restaurants, cinema plus a Travel Lodge.

DOUBLE FRONTED SPACIOUS PREMISES with quality tiled floor. 3 tables plus 9 chairs. In addition there is a window breakfast bar with 2 high stools. The equipment includes counter, electronic cash register, 2 cold display cabinets, automatic coffee machine, 1 upright fridge, 1 under-counter stainless steel fridge, 6 blenders, hotwater boiler.

REAR KITCHEN with chest deep freeze.

Disabled cloakroom with w.c. and wash hand basin
Stockroom

WE UNDERSTAND the business opened in early September, 2011 and the turnover we are further advised is currently in the region of £500/£600 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit 70% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 14½ years unexpired at a rental of £11,500 p.a. exclusive of rates for the next 4½ years, with rent review at that time and thereafter every 5 years. (We understand contained within the lease that there is a Break Clause on the tenants side only exercisable at the anniversary of the first 3 years, however, the landlord does require 6 months notice prior to that time should the tenant wish to exercise the Break Clause).

Uniform Business Rates: £2,000 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

ALL OFFERS CONSIDERED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION
Location Details:
Situated in a parade, busy trading position, HAMPSHIRE
Trading Hours:
Monday - Friday inclusive - 11 a.m. - 7 p.m.
Saturday opening - 11 a.m. - 6 p.m.
Sunday openi
Accommodation:
Rear yard plus parking space for 1 car
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