Restaurant/cafe for sale in Coffee Shop, Basildon SS14, £79,995

79,995.00

Offer Nr.:
64742079
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Gilbert & Rose Commercial
Phone(s):
01702 787467

* Leasehold
Coffee shop/cafe - basildon - Positioned in a highly sought - after location
within a busy shopping centre in the town of Basildon. The business is long
established and has been owned by our client for in excess of 12 years. The
business presents a fantastic opportunity to acquire a long - established coffee
shop/cafe in a highly - enviable location. The premises has been fitted to a
high standard throughout, with a full complement of high - quality fixtures and
fittings included within the sale price. Genuine reason for sale due to our
client's retirement. Last pre - Covid accounts confirm net sales of
approximately £6, 300 per week (£7, 550 per week gross sales), and we are
advised the current turnover averages £6, 500 - £7, 000 per week. Viewing
recommended.
4 years unexpired on the lease at a rental of £40, 000 per annum exclusive plus
a service charge of approximately £12, 000 per annum.
Situated in the heart of a shopping precinct, long and rectangular in shape
with seating areas part enclosed with frosted glass partitioning.
The serving counter area centrally located, equipped with 3 - group coffee
machine, coffee grinder, wash hand basin, till, Blue Ice ice - cream machine,
small refrigerated display stand, large glass display counter, refrigerated
drinks display counter, microwave, 2 x toasters, hot - water dispenser, coffee
brewer, various cake display stands, Electrolux high - speed grill and various
stainless prep tables with under - counter refrigeration.
To one side of the centrally - located serving counter is a seating area
furnished to trade with tables and chairs to accommodate 34 covers, a display
sign at the end of the seating area and a customer stand for sugar and
stirrers. To the other side of the serving counter is another seating area
furnished to trade with tables and chairs to accommodate 24 covers and a
display sign.
A short walk from the main coffee shop / cafe area is a kitchen with tiled
flooring, suspended ceiling, 2 x stainless steel sinks, chest freezer, various
shelving/racking, dishwasher, stainless steel prep tables, ice machine,
washing machine, tumble dryer, large double stainless steel fridge and large
double stainless steel freezer, oven, table, fly - zapper and induction hob. A
door off of this area leads into a WC.
A short walk from the kitchen area leads to a basement store room which is
currently equipped with various racking/shelving, 2 x chest freezers, 2 x
spare panini press machines, spare tables and spare partitioning.
The business is run by the vendors on a part - time basis with the assistance of
3 full - time members of staff and 7 part - time members of staff. 8 am to 4 pm
Monday to Friday, 8 am to 5 pm Saturday, 10 am to 4 pm Sunday.
We are advised the current turnover averages £6, 500 - £7, 000 per week. The last
pre - Covid accounts confirm net sales of approximately £6, 300 per week (£7, 550
per week gross sales).
We are advised that business rates payable are approximately £1, 000 per month.
Each party are to be responsible for their own, with the landlord's legal
costs to be split 50/50
**Location**
Occupying an extremely busy town centre position within a very well - known
shopping precinct which is full of household names and multiple chain stores.
The position gives enviable footfall that you can only get from a town centre
location. The shopping centre provides public toilets and is attached to the
main multi - storey car park
**Tenure**
4 years unexpired on the lease at a rental of £40, 000 per annum exclusive plus
a service charge of approximately £12, 000 per annum
**Premises**
Situated in the heart of a shopping precinct, long and rectangular in shape
with seating areas part enclosed with frosted glass partitioning.
The serving counter area centrally located, equipped with 3 - group coffee
machine, coffee grinder, wash hand basin, till, Blue Ice ice - cream machine,
small refrigerated display stand, large glass display counter, refrigerated
drinks display counter, microwave, 2 x toasters, hot - water dispenser, coffee
brewer, various cake display stands, Electrolux high - speed grill and various
stainless prep tables with under - counter refrigeration.
To one side of the centrally - located serving counter is a seating area
furnished to trade with tables and chairs to accommodate 34 covers, a display
sign at the end of the seating area and a customer stand for sugar and
stirrers. To the other side of the serving counter is another seating area
furnished to trade with tables and chairs to accommodate 24 covers and a
display sign
**Kitchen**
A short walk from the main coffee shop / cafe area is a kitchen with tiled
flooring, suspended ceiling, 2 x stainless steel sinks, chest freezer, various
shelving/racking, dishwasher, stainless steel prep tables, ice machine,
washing machine, tumble dryer, large double stainless steel fridge and large
double stainless steel freezer, oven, table, fly - zapper and induction hob. A
door off of this area leads into a WC
**Basement Store Room**
A short walk from the kitchen area leads to a basement store room which is
currently equipped with various racking/shelving, 2 x chest freezers, 2 x
spare panini press machines, spare tables and spare partitioning
**Staff & Trading Hours**
The business is run by the vendors on a part - time basis with the assistance of
3 full - time members of staff and 7 part - time members of staff.
8 am to 4 pm Monday to Friday, 8 am to 5 pm Saturday, 10 am to 4 pm Sunday
**Turnover**
We are advised the current turnover averages £6, 500 - £7, 000 per week. The last
pre - Covid accounts confirm net sales of approximately £6, 300 per week (£7, 550
per week gross sales)
**Business Rates**
We are advised that business rates payable are approximately £1, 000 per month
**Legal Costs**
Each party are to be responsible for their own, with the landlord's legal
costs to be split 50/50
**Disclaimer**
Whilst every care is taken to ensure that these particulars are correct,
accuracy is no way guaranteed and none of the information supplied forms part
of any contract. Acceptance of these particulars constitutes a contract to the
effect that all negotiations for the business or property will be made through
Gilbert & Rose otherwise the purchaser will be equally responsible with the
vendor for damages equal to the amount of our commission

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