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MOST ATTRACTIVE FREEHOLD OLDE WORLDE TEAROOMS/CAFÉ

Price:
Freehold - £330,000
Turnover:
Register to view
Seller Ref:
R3219
Location:

Lincolnshire

Business Type:

Food Service Businesses

See Other:
Tea rooms for sale in Lincolnshire
Fast food restaurants for sale in Lincolnshire
Cafés for sale in Lincolnshire
Restaurants for sale in Lincolnshire
Food service businesses for sale in Lincolnshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a most attractive Olde Worlde Tearooms/Café.

We understand the property was built in approximately 1750 and is a Grade II listed building.

The property with Full Gas Fired Central Heating has a wealth of oak beams.

There are 2 public car parks (Pay & Display within close proximity of the business)

Approximately 22' 5 frontage narrowing to approximately 12' 6 depth in the region of 31.9'.

DOUBLE FRONTED TEAROOMS with industrial polished non-slip floor, wall lighting. Tables and chairs providing seating for 30 persons. 2 cool display serveover counters, 2 group coffee machine, coffee grinder, electric cash register, glass fronted drinks display fridge.

PREPARATION AREA with domestic microwave oven, chest deep freeze, 2 fridge/freezers, 1 upright deep freeze.

REAR KITCHEN newly fitted we understand in April, 2008, non-slip floor, plastic cladding to walls, 1 commercial plus 2 domestic microwave ovens, electric cooker, contact grill, commercial dishwasher, hotwater boiler, single sink, wash hand basin etc.

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,800/£3,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending 31st December, 2010 showed £135,880 with a gross profit of £89,156 (before wages of £37,266). We are further advised that the sales year ending 31st December, 2011 showed £141,000 inclusive of VAT.

Uniform Business Rates: Nil payable at present due to full relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS, £330,000 plus STOCK AT VALUATION.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Sought after trading position, LINCOLNSHIRE
Trading Hours:
Monday - Saturday inclusive - 9 a.m. - 4 p.m.
NO SUNDAY TRADING
Accommodation:
The ATTRACTIVE living accommodation, with FULL GAS FIRED CENTRAL HEATING and fully CARPETED, comprises:

Lounge with beamed ceiling, gas coal-effect fire - 19'0 x 12'0 approx. (5.79m x 3.66m approx.).
Kitchen/dining room with fitted units approximately 13'2 x 9'0 (4.01m x 2.74m approx.) with access to first floor decking area
3 Double bedrooms (1) 11'10 x 10'3 (2) 14'3 x 11'3 (3) 13'4 x 9'10 with a wealth of oak beams plus additional room 13' 4 x 10' with low ceiling - currently used as an office, however, in our opinion suitable as a single bedroom
Fully tiled shower room with shower, w.c. and wash hand basin (new suite in 2010)

In addition, we understand, situated over the first floor lounge, is an additional room, enclosed and with no windows, however, in our opinion having potential for further development.

Yard area with parking space for 1 car plus an additional parking space rented at £200 p.a.
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