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Superbly Fitted Detached CafÉ/restaurant (catering For Breakfasts, Lunches, Snacks, Teas And Coffees)

Undisclosed Hampshire
Excellent main road trading position, HAMPSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68279
ADVERT IMPRESSIONS : 18,857 TIME(S)

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

LEASEHOLD:

£87500
 

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BUSINESS DETAILS:

Features : Outstanding opportunity to acquire a spacious Café/Restaurant, which in our opinion has tremendous potential for further increase in the right hands.

Outstanding self contained 3 bedroom flat plus additional self contained 1 bedroom flat, both let on shorthold tenancies and providing a total rental of £1,150 per month, however, we understand vacant possession can be given on completion, if required.

Forecourt area with 5 tables and 10 chairs (can be increased)

IMPRESSIVE & SPACIOUS CAFÉ/RESTAURANT with quality ceramic tiled floor, ceiling with inset lighting. Full Gas Fired Central Heating. Tables and chairs providing seating for 52 persons (can be increased). Feature oak welsh dresser, cool display serveover counter, electric cash register, 2 group coffee machine, coffee grinder, filter coffee machine, Lincat hotwater boiler, orange juice machine, milkshake machine, ice cream deep freeze.

Disabled/ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. and wash hand basin

SPACIOUS SUPERBLY FITTED KITCHEN with ceramic tiled floor, fully tiled walls plus stainless steel cladding to walls (cooking area), large stainless steel extractor system, 4-burner Falcon gas cooker, 7-burner Chinese cooker, Lincat electric grill, Falcon fan assisted electric oven, 3-door stainless steel counter fridge, 2 semi-commercial microwave ovens, fridge/freezer, 1 fridge, 1 chest deep freeze, 1 6-slice toaster, 2 stainless steel hot cupboards, dishwasher, double sink and drainer, waste disposal unit, 2 stainless steel tables.

Rear preparation/store area, upright stainless steel fridge, upright stainless steel deep freeze, chest deep freeze, washing machine/dryer combined.

Dry goods store area. In addition there is a large storeroom/office

Location : Excellent main road trading position, HAMPSHIRE

Opening Hours : 6 days per week - Tuesday - Sunday inclusive - 8 a.m. - 4 p.m.
CLOSED ALL DAY MONDAY

We understand that planning permission has been granted to extend the opening hours of the business from 7 a.m. - 11 p.m. seven days per week and, in our opinion, there is terrific potential for additional opening hours, if desired.

Turnover : WE ARE INFORMED the turnover averages in the region of £1,800/£2,000 p.w. in our opinion offering tremendous potential for further development in the right hands. The premises are at present not Licensed, however, in our opinion, there is potential to obtain a Restaurant Licence for the sale of wines, beers and spirits, if desired.

Tenure : We undestand the premises are held on a secure renewable full repairing and insuring lease for a period of 20 years from the 18th February, 2011 at a rental of £20,000 p.a. exclusive of rates up to February, 2013, increasing at that time to £22,500 p.a. exclusive of rates up to February, 2015, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £3,600 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The SUPERB living accommodation in the form of a SELF CONTAINED FLAT over, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRE HEATING, is at present let on a shorthold tenancy and provides a rental income of £650 per month, however, we understand vacant possession can be given on completion if required. The accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge with fitted kitchen area

In addition there is a further SELF CONTAINED FLAT, all newly built and also at present let on a shorthold tenancy and providing a rental income of £500 per month. We further understand that vacant possession can be given on completion, if required. The accommodation comprises:

1 Double Bedroom
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge with fitted kitchen area

Outside : Large enclosed yard. 2 Store Sheds

Staff : The business is at present operated by a husband and wife team with the assistance of their daughter plus 3 part time staff when required.
   
  FOR SALE
   

REFERENCE:

R2894 / RightBiz
   
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