Attractive CafÉ Bar With Full On Licence | | Undisclosed Northamptonshire | | Situated in a parade, excellent town centre trading position, NORTHAMPTONSHIRE | | ADVERT NUMBER : 53137
ADVERT IMPRESSIONS : 16,267 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £29995 | | | | | BUSINESS DETAILS: | Features : Opened in February, 2010 as a Café Bar previously trading as a Restaurant, at present catering for breakfasts, lunches, snacks, teas, coffees, smoothies and milk shakes. In our opinion the business offers tremendous potential for further increase in the right hands.
SPACIOUS SINGLE FRONTED CAFÉ BAR with Italian tiled floor. Front bar area with bar, mirror-backed shelving, sink, 4 single chairs plus 2 double settees providing seating for 8 persons.
REAR CAFÉ AREA with ceiling lighting. Tables and chairs providing seating for 28 persons.
Level kitchen with non-slip floor. The following equipment is held on a leasing agreement for a period of 5 years at a cost of £450 per month, to be taken over. The equipment on lease includes 8-burner cooker, 2 deck pizza oven, double deep fryer, griddle, refrigerated making table, heated gantry, walk-in coldroom, walk-in deep freeze, 2 microwave ovens, ice maker, dishwasher. The following equipment is owned and included in the sale: stainless steel extractor unit, upright deep freeze, upright fridge/freezer, small deep freeze.
Stairs to first floor ladies' and gentlmen's cloakrooms
Large storeroom
In addition there is a room used as Retro Antique Shop which is let on a weekly agreement and the present tenant receives a rental income of £50 per week.
Location : Situated in a parade, excellent town centre trading position, NORTHAMPTONSHIRE
Opening Hours : Monday - Friday inclusive - 9 a.m. - 5 p.m.
Saturday - 9 a.m. to late
NO SUNDAY TRADING
In our opinion as the premises have a Full On Licence there is terrific potential for evening opening and indeed for Sunday opening, if desired.
Turnover : WE ARE INFORMED the turnover averages £1,700 p.w. in our opinion offering tremendous potential for further increase in the right hands and in our opinion there is potential to increase the deliveries and takeaway plus to establish a sandwich round, if desired.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 1 year, increasing to £17,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.
Uniform Business Rates: £2,800 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
REDUCED FOR EARLY SALE
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by the vendor with the assistance of 1 part time staff. In addition we understand the vendor has 2 apprentices (at no cost to the owner). | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
