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Well Equipped CafÉ Plus Letting Accommodation

Undisclosed Suffolk
End of terrace occupying a corner position, residential area, SUFFOLK
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60675
ADVERT IMPRESSIONS : 13,025 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Cafes
SALE: Agent Sale

LEASEHOLD:

£97500
 

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BUSINESS DETAILS:

Features : Front area with space for 2 tables and 4 chairs to

DOUBLE FRONTED CAFÉ occupying a corner position, non-slip floor. Tables and chairs providing seating for 40 persons. Counter, coffee machine.

LEVEL KITCHEN also with non-slip floor. The equipment includes 4-burner gas cooker, 2 deep fryers, griddle, bain marie, 2 fridges, 3 chest deep freezes, 1 upright deep freeze, double sink and drainer, wash hand basin, dishwasher etc.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

LETTING ACCOMMODATION with FULL GAS FIRED CENTRAL HEATING, utilized for Bed & Breakfast, comprises:

Ground Floor
3 double bedrooms
Shower room with shower, w.c. and wash hand basin
Kitchen

First Floor
8 additional bedrooms comprising 6 doubles and 2 singles
Shower room with shower, w.c. and wash hand basin
Additional shower room with shower, wash hand basin
Separate cloakroom with w.c. and wash hand basin

Location : End of terrace occupying a corner position, residential area, SUFFOLK

Opening Hours : Monday - Friday inclusive - 6 a.m. - 2 p.m.
Saturday opneing - 6 a.m. - 12 noon
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover in respect of the Café is in the region of £2,000 p.w. and we are further advised that there is an additional turnover of approximately £1,200 p.w. from the letting accommodation in respect of bed and breakfast. In our opinion the business offers tremendous potential for further increase in the right hands.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having 12 years unexpired at a rental of £24,000 p.a. exclusive of rates up to January, 2014, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £3,900 p.a. approx.
Council Tax in respect of the accommodation we understand is £1,250 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURSE & FITTINGS £97,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Yard at rear with parking spce for 4 cars

Staff : We understand the Café is at present mainly staff operated. Staff employed 1 full time plus 1 part time, in addition there are 2 casual staff employed when required.
   
  FOR SALE
   

REFERENCE:

R2278 / RightBiz
   
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