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Old Established CafÉ

Undisclosed Somerset
Situated in a terrace, industrial area, plus expanding residential BRISTOL.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60731
ADVERT IMPRESSIONS : 13,660 TIME(S)

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

LEASEHOLD:

£75000
 

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BUSINESS DETAILS:

Features : We understand this Café has been established for approximately 45 years and in fact the previous owner owned the Café for approximately 25 years. The concern has only been in the present hands for a short period and is now offered for sale due to the owner's wifes illness.

SINGLE FRONTED CAFÉ with tables and chairs providing seating for 50 persons. Counter, electric cash register, hotwater boiler, tea urn, filter coffee machine.

Level kitchen with non-slip floor. The equipment includes 6-burner gas cooker, griddle, deep fryer, work surfaces, small deep freeze, commercial double door stainless steel fridge, single sink and drainer, dishwasher, wash hand basin etc.

Cloakroom with w.c. and wash hand basin

Location : Situated in a terrace, industrial area, plus expanding residential BRISTOL.

Opening Hours : Monday - Saturday inclusive - 6 a.m. - 3 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover averages £1,800/£2,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Gross profit 65% approx.

Tenure : We understand the entire premises are held on a secure renewable Council lease, the present lease having 20 years unexpired from August, 2010 at a rental of £6,200 p.a. exclusive of rates up to August, 2015, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable at present (after full relief)

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE LEASE, GOODWILL, FIXTUES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The SELF CONTAINED accommodation over which we understand is in the process of being renovated comprises:

4 Double Bedrooms
Bathroom
Kitchen

Outside : Yard area at rear (providing a smoking area for customers)

Staff : At present operated by the vendor
   
  FOR SALE
   

REFERENCE:

R2322 / RightBiz
   
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