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Hot Food Cafe / Canteen
Reading, Berkshire, England   Brokered By: Jason
Asking Price: £ 42,500.00 Annual 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

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Broker Details

Broker Details

Broker Name

Mr. Jason Atkins

Email

jason@ahlansley.co.uk

Phone number

0118 9590271
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Disclaimer

Disclaimer

Values for Annual Sales Revenue may be approximate.

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