Attractive And Spacious Coffee House | | Undisclosed Hertfordshire | | Situated in a parade, prime trading position, opposite main entrance to main shopping centre, sought after SOUTH HERTFORDSHIRE TOWN | | ADVERT NUMBER : 47238 ADVERT IMPRESSIONS : 25,263 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £180000 | | | | | BUSINESS DETAILS: | Features : We understand the premises have full A3 use.
SPACIOUS ORGANIC COFFEE HOUSE specialising in panini's, sandwiches, salads, waffles, teas and coffees. In our opinion the business offers tremendous potential for further increase in the right hands.
Front area with tables and chairs for 8 persons (can be increased).
SPACIOUS PREMISES ground and first floor in the region of 1,500 sq. ft. in total. Spacious ground floor area with woodstrip floor, ceiling with inset lighting, hanging lighting mainly over the service area, air conditioning. Tables and chairs providing seating for 70 persons. Attractive and large cool display marble topped serveover counter, 3 group coffee machine, coffee grinder plus hotwater boiler (all on a rental agreement), panini toaster, grill, sink, dishwasher, stainless steel counter fridge, computerised till. CCTV system with 3 cameras, 1 monitor plus recording.
Disabled/ladies' cloakroom with w.c. and wash hand basin Gentlemen's cloakroom with w.c. and wassh hand basin
Stairs to spacious first floor
Kitchen with 2 chest deep freezes plus fridge In addition there is a store area
Large front room with laminated strip floor. Space for additional tables and chairs, if desired, and also ideal for meetings or private functions.
Location : Situated in a parade, prime trading position, opposite main entrance to main shopping centre, sought after SOUTH HERTFORDSHIRE TOWN
Opening Hours : Monday - Saturday inclusive - 7.45 a.m. - 7 p.m. Sunday opening - 8.45 a.m. - 6.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £5,700/£6,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a current rental of £46,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £22,000 p.a.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by 1 of the partners with the assistance of 2 full time and 4 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |