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ATTRACTIVE OLD ESTABLISHED TEAROOMS/COFFEE SHOP

BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 15,543 TIME(S)
BUSINESS REFERENCE : R9978 / RightBiz

 

 
Busy road, sought after and wealthy country town, HAMPSHIRE

BUSINESS LOCATION:

Undisclosed Hampshire UNITED KINGDOM

BUSINESS SECTOR:

Catering

TRADE TYPE:

Tea Rooms & Coffee Shops

SALE:

Agent Sale

LEASEHOLD:

£75000
   
 
   

BUSINESS DETAILS:

Features : ATTRACTIVE TEAROOMS/COFFEE SHOP catering for teas, coffees, cakes, light lunches, cream teas etc.Front area with space for 2 tables and 4 chairs (held under Licence).ATTRACTIVE SINGLE FRONTED TEAROOMS/COFFEE SHOP with woodstrip floor. Tables and chairs providing seating for 18 persons. Glass display counter, electronic cash register, filter coffee machine, hotwater urn, fridge.Stairs to first floor, fully carpeted with quality tables and chairs providing additional seating for 25 persons.Small kitchen with 3 small fridges, 1 small deep freeze, 2 domestic microwave ovens, 1 bun toaster, 1 sandwich toaster, 2 group coffee machine, sink and drainer.Ladies' and gentlemen's cloakroomsLocation : Busy road, sought after and wealthy country town, HAMPSHIREOpening Hours : Winter Months - 10 a.m. - 4.30 p.m.Summer Months i.e. Easter - September - 10 a.m. - 5 p.m.In addition the business opens Sundays May - end September from 2 p.m. - 5 p.m. and also closes January & February on Mondays. The business is also closed for the owners to have 4 weeks holiday p.a.Turnover : WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 64% approx.Tenure : We understand the premises are held on a secure renewable lease from a private landlady the present lease having approximately 5½ years unexpired at a rental of £6,800 p.a. exclusive of rates up to April, 2011, with rent to be agreed thereafter.Uniform Business Rates: £2,200 p.a. approx.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside : Attractive rear courtyard area with space for 3 additional tables plus 12 chairs (on Licence from the landlady at £10 p.a). We understand the seating in the courtyard is allowed for 10 months p.a.Staff : The business is at present operated by a husband and wife team with the assistance of 4 part time staff plus junior Saturday staff.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

R9978 / RightBiz

ENQUIRIES:

 
 
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