Price: Only £10,000
Astonishing value for early sale.
Ref: C 871
We were really impressed by this easily run and profitable business which serves the local estate and some of the local farming community. The interior is finished to a high standard with underfloor heating to the seating area, marble tiled floor and marble panels to walls. The catering equipment is all modern and fully functional and there are separate wc facilities for the owners and customers. This profitable concern is being offered at an unbelievably low price and even then, offers will be considered as the owner needs to sell for personal reasons. Viewing is highly recommended.
ACCOMMODATION ( note, all dimensions are approximate )
Cafe area with 16 covers but with space for at least 20, marble tiled floor with underfloor heating, marble wall panels, open plan serving area with glass fronted display counter, electronic cash register, fridge, tall cold drinks cabinet and one small cold drinks cabinet, preparation surfaces. Customer WC with modern wc and wash basin, extractor fan. Opens to:
Kitchen with a good range of stainless steel catering equipment including a warm cupboard with integral 4 pan bain marie, twin pan fat fryer, 2 microwave ovens, 4 slice toaster, electric cooker, extraction hood with filter, preparation surfaces, two stainless steel sink units plus separate wash basin. Staff wc with modern wc and wash basin.
The overall floor area is approximately 85 sq m.
The property has been assessed at RV £2900 as from April 2017. With small business relief, there will be no rates payable. Interested parties should check this information prior to proceeding.
The landlord of this estate has granted his tenants month to month agreements to allow for greatest possible flexibility however for anyone wanting a formal lease, we are informed that this is perfectly possible and acceptable to the landlord. The current rent payable is £5000 per year including water rates.
Accounts to April 2016 showed takings of £48,979 however accounts for April 2017 are expected to show income of around £60,000. We therefore anticipate that the adjusted net profits will be approximately £18,000. Current opening hours are Monday to Friday 7.00am to 2.30pm and Saturday 7.00am to 11.00am. The business is run by two full time owners with no staff.
The purchaser will be required to pay the landlords reasonable legal costs involved in assigning the lease.
REDUCED TO ONLY £10,000 + sav. What a bargain!!
By arrangement with The Agents on 01904 794812.
Where staff are employed in a business, it is possible that they are unaware of any impending sale, therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.
All prices and rents are deemed to be exclusive of any VAT which may apply.
Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided. We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect. Neither the agents nor any person in their employ bind themselves in any way, nor are any warranties given as to the correctness of the information provided. No part of these particulars form part of any contract or agreement for sale or lease