Well fitted & equipped Cafe with £22,800 additional yearly income from sub-letting of rear extension

Key features

• Weekly turnover in the region of £5,500 to £6,000
• Around 50% of sales through online delivery platforms
• £22,800 per annum sub-letting income from rear extension
• Virtually rent free with about 5 years remaining on the lease
• Seating for 15 inside and 8 on forecourt, plus private parking

About this business

The Cafe was established by the seller some 5 years ago, being well fitted and equipped and is now offered for sale due to other business commitments. It has the advantage of regular turnover and additional income of £22,800 per annum from let rear extention which off-sets the annual rent of £23,000 making the Cafe vitually rent free. Good parade location fronting active main road serving a well populated catchment area and close to popular amenities. Excellent business oportunity to purchase a modern tastefully styled Cafe requiring no additional expenditure.

Trading figures

We have been informed by our client that the turnover is in the region £5,500 to £6,000 weekly with around 50% generated through online delivery platforms. The rear of the premises are sub-let to 2 separate parties, one operating as a Sushi kitchen and the other used as storage, generating combined rental income of £22,800 per annum.

Trading hours

Monday through to Sunday. 7.00am to 4.00pm.

Business premises

There is a forecourt having outside seating up to 12 leading to attractive fully glazed frontage set in aluminium frame with a coloured canopy and a smart full width fascia and additional signage. The modern interior seat 15 covers as contemporary tables/chairs and has tiled flooring, papered wall covering under a suspended lit ceiling plus smart sevice counter at the rear. There is a large well fiited and equipped kitchen with some stainless steel cladding and a extension which houses the sub-let Sushi prepartion kitchen and store plus private parking space at rear.

Trade equipment

Fully equipped with usual items associated to the trade, briefly to include numerous fridges & freezers, microwave oven, griddles, drinks cabinet, POS till system, waffle machine, auto orange juice dispenser etc. ( Full inventory will be available prior to completion ).

Tenure

We understand that about 5 years remain on the lease with an annual rent of £23,000 which is off-set by rental income of £22,800 per annum, making the Cafe vitually RENT FREE.

Accommodation

No accommodation is included in the sale.

Trading position

Situated within a parade of 9 shops facing a very busy main through route, close to bus stops and near to large popular park where events and festivals are held. The immediate neighbourhood is heavily populated providing solid local and good pasing trade plus there is a large catchment area.

Special remarks

An excellent opportunity to purchase a Cafe which is well fitted & equipped that was established by our client some 5 years ago and has steady year round trading plus the advantage of being virtually RENT FREE. The premises benefit from three phase electricity, air-conditioning throughout and a private parking space to the rear.