Ice Cream Parlours for sale in Somerset

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SUBSTANTIAL PRICE REDUCTION - VERY SMART MULTI FRANCHISED HOT & COLD DESSERT HOUSE BUSINESS CIRCA 2,450SQ.FT. / 215M² - SUPERBLY RUN / IMMACULATELY FITTED - TOWN CENTRE, SOMERSET TOWN

Somerset, England

  • Leasehold Price: £199,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £10,000
Seller Reference: DT.5159
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Business Description
 
 
 
 
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Seller Reference: DT.5159
Request Details
Business Description
SUBSTANTIAL PRICE REDUCTION - VERY SMART MULTI FRANCHISED HOT & COLD DESSERT HOUSE BUSINESS CIRCA 2,450SQ.FT. / 215M² - SUPERBLY RUN / IMMACULATELY FITTED - TOWN CENTRE, SOMERSET TOWN

Situated in a Somerset town serving a mixed area with high footfall and a large number of surrounding retail and office residents. Ample public and on-street parking.

The large, highly visible premises are held on a 10 year lease, we are advised, having about 7 years unexpired at a rent of £45,000 per annum subject to a 5 year review.

Prominent frontage. Shop (circa 42’6’’ x 41’ - 1,743sq.ft) immaculately presented and fitted with seating (booth seats) for 135-145. Open kitchen area (circa10’1’’ x 23’7’’). Waiting area. Customer Cloakrooms - fitted to excellent standard. Dry Store / Staff area.

EPC Rating:- E-122

The business has a very modern, clean and professional appearance with no expense spared on fittings and equipment. Eye-catching branding, slick logo & decor are complemented by their mouth-watering selection of ice creams, gelatos, waffles, crepes, milkshakes, smoothies and sundaes.

Franchise fees for this particular branch are a very reasonable 4.5% on turnover.

We are advised by the owners that current Takings average around £10,000 net of VAT weekly. However, this increases to around £15,000 per week during holidays.

Delivery service (circa 20% of sales, dedicated online ordering website, party catering and a very diverse menu which caters for all tastes.

The business is run by working owner with 15/20 full and part time staff members.

An internal viewing is highly recommended to fully appreciate the potential of this slick business. More than £400,000 has been invested and goodwill has been generated over the past 3 years of trading.

Price required for goodwill, lease, tenant’s fittings, fixtures, utensils, furnishings & equipment:- £199,000 STOCK EXTRA AT VALUATION
Tenure:
Leasehold
Location Details:
Situated in a Somerset town serving a mixed area with high footfall and a large number of surrounding retail and office residents.
Leasehold Term:
The premises are held on a 10 year lease, we are advised, having about 7 years unexpired at a rent of £45,000 per annum subject to a 5 year review.
Listed by:
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