Hot Food Cafe / Canteen Reading, Berkshire, EnglandBrokered By: Jason Asking Price: £ 42,500.00Annual Sales Revenue: £ 41,600.00
BUSINESS PROFILE VIEW
Business Information
Business Identifier
Hot Food Cafe / Canteen
Reference
12
Looking For
Leaseholder
Business Start Date
2020-02-01
Franchise
No
Sector
Retail
Industry
Food & Beverage
Business Description
Hot Food Cafe / Canteen A3 - Hot Food
All Day Breakfasts, Baguettes, Paninis, Pizza, Sausage Rolls, Samosas, Burgers, Jacket Potatoes, Coffees.
Well Populated Area, Busy Local Centre which includes a Co-Op stor, Circa 1000sq.ft - 93M
Circa 1000sq.ft/93M²
Previously a Post Office but now converted into a Fully Equipped Hot Food Café / Canteen by current owners at considerable expense. Serving hot drinks, all-day breakfasts, baguettes / paninis, burgers, jacket potatoes, pizzas, samosas, sausage rolls, pies, milkshakes, etc.
Single Fronted A3 - E Class Premises held on lease, we are advised, for a term of 20 years (approx. 17 years remaining) at a current rent of £13,000 per annum (£1,083 per calendar month) and subject to 5 year reviews.
Rateable Value:- £11,250 (100% small business rate relief to eligible applicants).
We are advised by vendors that current Takings average around £750-£800 weekly.
The business is run by working owners with no other staff members.
Hours of Trading:- Monday to Saturday - 7.30a.m. to 2.30p.m.
This, in our opinion, presents an opportunity for an experienced or younger operator to make the most of this Hot Food set up and maximise its genuine potential.
Price required for goodwill, lease, tenants fittings, fixtures, utensils and equipment:-
£42,500
STOCK EXTRA AT VALUATION
UK Country
England
County/City
Reading, Berkshire
Current Status
None
Asking Price (£)
42,500.00
Annual Sales Revenue (£)
41,600.00
Gallery
Gallery
Broker Details
Broker Details
Broker Name
Mr. Jason Atkins
Email
jason@ahlansley.co.uk
Phone number
0118 9590271
Disclaimer
Disclaimer
Values for Annual Sales Revenue may be approximate.