Established coffee lounge cafe trading on the High Street for 20 years. Customer parking adjacent.

Undisclosed, Somerset

Status

FOR SALE

Date Submitted:

07/06/19

Advert ID

240827
Leasehold: Offers Invited
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

A well established coffee lounge which has been trading and supplying the retail consumer market for 20 years.

Health and hygeene rated five top rate.

We have a stable regular customer base and offer a good varied selection of ground coffee and hot drinks. Also cold drink options available.

We have a good set menu to suite all tastes and allergies.

There are some 40seats available with additional outside seating.

Directly infront of the cafe offers free customer parking.

To the rear is additional staff parking.

This would provide an ideal business opportunity for an ambitious family run unit.

With a generous turnover working below the VAT threshold there is plenty of potential to increase that if required.

The happy new owner could take the keys and start on completion as the entire fixtures, fittings, stock and miscellaneous will remain and be sold with the unit. ( maybe not the wall clock)

The unit is in the last year of a 20 year lease but the landlord is prepared to honor a new 10 year lease if required.

The reason for leaving this perfect business opportunity is that we are required to support aging parents on a daily basses living some 70 miles away,140 mile round trip each day.

Therefore we have needed to pay contract help which proves to be expensive. The nature of which would be added to your profits.

Fixtures.

Display counters incorporating two chillers one heated display units.

Coffee machine with double pod outlet.

Coffe bean grinder.

Hot water boiler.

Chilled storage and serving unit.

Pannini grill.

Double flat grill.

4 ring Hot plat.

4 microwaves.

3 Toasters.

Milk shake mixer and blender.

Fridge freezer. Upright american.

Chest freezer.

Hot water emersion tank.

All chairs and tables.

Window bars and chairs.

Windows are secured with a pull over screen.

The current rent on this property is £1050.00 per month.

Ratable value £4460. per annum. Small business exempt £0.00 to pay.

Asking price is £40,000 offers invited.

Reduced to £32,000.00 as a major incentive.

If your interested, come and view and sensible offers will be considered.

 

 

Key Features
  • Central Position in Affluent Village
  • Attractive Business
  • Fully Fitted
  • Town Centre location
  • Prime Location
  • Offers Invited
  • Established Business
  • Retirement Sale
  • Adjacent to Multiple Retailers
  • New Lease
  • With Car Park
  • Small Business
  • Close to Local Amenities
  • Accounts Available
  • Price Reduced
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