Attractive Coffee Shop & Sandwich Bar | | Undisclosed Hertfordshire | | Situated end of parade, excellent main road trading position, HERTFORDSHIRE | | ADVERT NUMBER : 47233
ADVERT IMPRESSIONS : 21,168 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Sandwich Bars | | SALE: | Agent Sale | LEASEHOLD: | £39950 | | | | | BUSINESS DETAILS: | Features : ATTRACTIVE SINGLE FRONTED COFFEE SHOP with tiled floor. 3 tables and 6 chairs. Cool display serveover counter, electronic cash register, upright glass fronted drinks display fridge (owned), automatic coffee machine.
Large level kitchen with lino floor, 4-burner gas cooker with griddle, electric cooker with hob, 4-burner gas hob, 4 fridges, 4 upright deep freezes, double sink and drainer etc.
Utility area with washing machine, shelving
Office
Staff cloakroom with w.c. and wash hand basin
Included in the sale is a refrigerated Jiffy Van, rear section with heated oven
Location : Situated end of parade, excellent main road trading position, HERTFORDSHIRE
Opening Hours : Coffee Shop - Monday - Saturday inclusive - 7.30 a.m. - 2.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £1,600/£2,000 p.w. in our opinion offering further potential to increase in the right hands. We understand that 50% of the turnover is from a local sandwich round operated 9 a.m. - 1.30 p.m. Monday - Saturday.
Tenure : We understand the premises are held on a secure renewable lease, the present lease expiring in March, 2010. We are further advised that the landlord, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of approx. £8,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (Please note the landlord is also prepared to grant a shorter lease, if desired).
Uniform Business Rates: £1,666 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Shared yard
Staff : The business is at present operated under management. Staff employed 2 full time plus 1 part time. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
