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Well Equipped Cafe

Undisclosed, Suffolk
Leasehold:
£37,500
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Further Details
Status
FOR SALE
ReferenceR2324 / RightBiz
Advert ID60733
LocationUndisclosed, Suffolk
SectorCafes, Fast Food Businesses, Restaurants
TenureLeasehold
Leasehold Price£37,500
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Full Details
Features : Front area with space for 2 tables and 4 chairs

DOUBLE FRONTED CAFEoccupying 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, diswasher etc.

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

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

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

Turnover : WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially with additional opening hours.

Tenure : We understand the vendor is prepared to grant, subject to satisfactory references, an Under-lease for a period of 12 years at an initial rental of £14,400 p.a. exclusive of rates up to January, 2014, with rent reviews thereafter.

Uniform Business Rates: £3,900 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE NEW UNDER-LEASE, GOODWILL, FIXTURES & FITTINGS £37,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Yard at rear with parking space for 4 cars.

Staff : The business 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.
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