Commercial property for sale in Alford, Lincolnshire LN13, £40,000

40,000.00

Offer Nr.:
58510547
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Everett Masson & Furby
Phone(s):
01858 513875

* Leasehold
****reduced**** restaurant & tea rooms - alford, lincolnshire
This is a well - presented 'Retro Vintage Restaurant & Tea Rooms' business
having 30 covers serving great eats, delicious homemade cakes and renowned for
its breakfasts, lunches and coffees. This business was established back in
2008 and made popular by the current owner. Customers can eat in or take away
quality breakfast, freshly prepared lunch, sandwiches or rolls, cakes and a
selection of quality coffees, teas and soft drinks, they are also dog
friendly. Benefits from self contained 3 bed living accommodation on the first
floor.
The business operates on fairly short hours, so plenty of potential to
increase.
The business shows annual sales of £60, 746 for the year ending 31st March
2022. It shows strong gross profits of £42, 461 (70% of turnover). We
anticipate this business would make a full - time working owner iro £22, 500 per
annum, including the accommodation.
30 Covers
Gross sales of £1, 300 per week
3 Bedroom Accommodation Included
High Street Location
Potential to increase opening hours
lh £40, 000 + sav (Ref: C33895G)

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