Attractive Coffee Shop & Grill Restaurant (catering For Breakfasts, Lunches, Snacks, Teas And Coffees | | Undisclosed Gloucestershire | | Situated in a parade excellent trading position, sought after GLOUCESTERSHIRE | | ADVERT NUMBER : 39691
ADVERT IMPRESSIONS : 20,280 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | BUSINESS DETAILS: | Features : Listed BuildingSPACIOUS SINGLE FRONTED PREMISES. Attractive quality floor. Tables and chairs providing seating for 70 persons. Counter, electronic cash register, 2 group coffee machine.Rear kitchen with non-slip floor. The equipment includes stainless steel extractor, electric cooker, electric griddle, double deep fryer, 2-pot bain marie, 4 microwave ovens, upright fridge, 2 chest deep freezes.Wash-up area with dishwasher, single sink and drainer etc.Fully tiled ladies' and gentlemen's cloakroomsLocation : Situated in a parade excellent trading position, sought after GLOUCESTERSHIREOpening Hours : Monday - Friday inclusive - 7.30 a.m. - 3.30 p.m.Saturday opening - 7.30 a.m. - 4 p.m.NO SUNDAY TRADINGTurnover : WE ARE INFORMED the turnover averages £2,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit in excess of 65%.Tenure : We understand the premises are held on a secure renewable lease for a period of 15 years from the 29th September, 2005 at a rental of £15,000 p.a. exclusive of rates up to September, 2010, with rent review at that time and thereafter every 5 years.Uniform Business Rates: £3,010 p.a. approx.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £100 p.w. however, we understand that vacant possession can be given on completion. The accommodation comprises:1 Double BedroomBathroom with bath, w.c. and wash hand basin Large LoungeKitchenStaff : The business is at present operated by the vendor's wife with the assistance of 3 full time staff plus 2 additional staff on Saturday. It will be appreciated upon inspection that with a more active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
