RARE INDEPENDENT HOT FOOD TAKE-AWAY & CAFE - CIRCA 1200SQ.FT. / 112M2- COFFEES / SANDWICHES / PANINIS / SALADS / ALL DAY BREAKFASTS / HOT MEALS / SOUPS / JACKET POTATOES - LICENSED – A3 CONSENT - MAIN ROAD LOCATION - CLOSE TOWN CENTRE – READING, BERKS
Situated on a busy main road close Reading Town Centre offering a rare opportunity to purchase a quality independent Café & Take-Away business serving traditional freshly produced food.
Located in an area which has undergone extensive redevelopment recently meaning an increase in residential dwellings and offices in the area.
The Double Fronted Spacious A3 Use Licensed Premises are held on lease, we are advised, for a term of 10 years (approx 3 years remaining) at a very reasonable rent of £13,500 per annum subject to 5 year reviews.
Rateable Value:- £11,750 (100% small business rate relief 2018/2019 applies)
Smartly Fitted Café with seating for 25 (circa 810sq.ft. - 75m².). Well lit, clean and inviting. Clean Fully Fitted Kitchen to rear (circa. 178sq.ft) with comprehensive range of equipment. Male, Female & Disabled Cloakroom. Store to the rear
EPC Rating:- C-71
We are advised that current Takings averaged around £3,500 weekly before the Covid 19 Lockdown with good levels of profit. Books available for inspection to bona-fide applicants. Closed for business since March Lockdown. Will re-open in October 2020.
We consider this an excellent opportunity to acquire a sought after authentic independent Café which holds much value to customers who enjoy and appreciate ‘home cooked style’ traditional fare.
Price required for goodwill, lease, tenant’s fittings, fixtures, utensils & equipment:- £65,000 STOCK EXTRA AT VALUATION
Location Details:
Situated on a busy main road close Reading Town Centre
Leasehold Term:
The Double Fronted Spacious A3 Use Licensed Premises are held on lease, we are advised, for a term of 10 years at a very reasonable rent of £13,500 per annum.
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