Outside Catering Businesses for sale in Penrith

View the "OUTSIDE AND RETAIL CATERING BUSINESS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

OUTSIDE AND RETAIL CATERING BUSINESS

Penrith, Cumbria, England

  • Leasehold Price: £38,000
Seller Reference: MA1183
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Business Description
 
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Seller Reference: MA1183
Request Details
Business Description
• Long established local business
• Operates from unit on main industrial estate in Penrith
• Hot and cold food takeaway outlet
• Outside catering for private and business functions
• Includes inhouse and mobile catering equipment and a Van
• For sale as a going concern

The Business
Purple Sage Catering is a local business operating from a unit on Gilwilly Industrial Estate in Penrith offering retail and outside catering service having been established by the current proprietors in 2002 originally trading from premises in the town centre. The retail outlet provides a hot and cold food takeaway service open between 8.00am and 3.00pm Monday to Friday serving customers on the estate and beyond. The business also offers outside catering for 25-30 weddings a year, christenings, funerals and corporate and business functions. The sale includes a full range of inhouse and mobile catering equipment. Sales in the year to 31 March 2018 were £109,068 net of VAT. Full accounts will be made available to bona fide applicants, normally after viewing. The current proprietors are selling to concentrate on other non-catering business interests. Website www.catering4cumbria.co.uk

Premises
Block Built terraced industrial unit fitted with serving counter and including WC.
Floor Area 102 sqm (1,098 sqft)

Services
We are advised that mains water, electricity, gas and drainage are connected to the property. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

Tenure
The units are is held on two 3-year full repairing leases from 13 May 2017 at a current combined rent of £7,500 per annum.
Note that these are the main extracts from the lease as a guide only and a purchaser/ tenant must satisfy himself of all provisions by inspecting a copy of the lease which can be provided on request.

Costs
The purchaser/ ingoing tenant will be expected to pay the landlord’s and lessees reasonable legal costs in connection with the assignment of the lease. Each party will bear it’s own costs in connection with the transfer of the business.

Rates
Description in list: Workshop and premises
Rateable Value: £5,100
The unit qualifies for 100% small business rates relief.

Fixtures and Fittings
Included in the sale is an inventory of trade fixtures, fittings, equipment and furnishings which can be provided on request. Any items not included in these particulars or the inventory are excluded. Stock will be valued separately and taken on completion.
Tenure:
Leasehold
Listed by:
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