Nationwide welcomes to the market this FREEHOLD CAFÉ/RESTAURANT. Situated in a parade, town centre position, approximately 25 miles from CARDIFF, SOUTH WALES.
This well established freehold business has been in the same family we understand since 1933 & in the present hands for the past 35 years & is now offered for sale due to the vendors retirement.
We understand the premises have recently been refurbished with new equipment at a cost of £10,000.
SPACIOUS DOUBLE FRONTED CAFÉ RESTAURANT with vinyl tiled floor, ceiling lighting. Takeaway section with 2 cool display serveover counters & salad bar, bread racking, hot drinks machine, soft ice cream machine, 2 blenders, 2 electronic cash registers. Spacious seating areas with tables & chairs for up to 100 persons.
OPEN PLAN KITCHEN with tiled floor, large gas griddle, 2 commercial microwave ovens, extractor system, double deep fryer, infra red grill, meat slicer, Buffalo vegetable preparation machine, 3 stainless steel tables, 2 fridges, 3 deep freezers, new dishwasher etc.
Fully tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin
Large basementTurnover :
£3,000/£3,500 p.w. including takeaway, in our opinion offering further potential to increase in the right hands. The business has Uber Eats.
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £295,000 (R7740)
Is accommodation included?:
INTERNAL ACCESS to SPACIOUS accommodation in need of some refurbishment and redecoration comprising:
1 Large Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Large Lounge (couldbe split to provide a 2nd bedroom)
Kitchen (would need refitting)