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Thriving Coffee Bar with 2 bed Accommodation For Sale

 
Brighton City Centre, East Sussex, United Kingdom
 
Advert ref: JWVANDJ
  
Business description
The shop has approximately 27 sq meters of sales area being extremely well fitted throughout. Some of the valuable items include: 3 refrigerated serve over counters, Rancillio coffee machine, modern candy stripe awning, ambient window display unit, menu board, electronic till, contact grill, twin door cool drinks display cabinet, crisps dispenser unit. There is seating within the shop for some 6 persons with additional al fresco seating for a further 6 persons
To the rear of the business is a spacious Preparation Area with stainless steel sink unit, modern work surface, Hotpoint oven, back up freezer, refrigerator, large larder refrigerator, Frigidaire freezer. Adjoining the preparation area is a Prep Room with MDM fan assisted convection oven with 4 shelves where the present vendors cook off all their products, roll top work surfaces. Small Dry Store Area. Rear Yard, Outside WC.


Property: Leasehold

Lease terms
The entire premises are held on a full repairing and insuring lease which was granted for a period of 15 years from 2002, the current passing rent is £15,200 per annum, exclusive with 4 yearly rent reviews.

Living accomodation
A feature of this business is the excellent family home arranged on first and second floors. First Floor Level: Modern Kitchen with excellent base and fitted wall units, Large Lounge, 1 Double Bedroom with fitted Slide Robe wardrobes, Modern Bathroom and WC – part tiled complete with shower unit, Large open plan sitting room. Second Floor: 2 Double Bedrooms. It should be noted that the entire accommodation has recently been redecorated and modernised and provides an attractive home.

Location
This extremely well run business is situated on the fringe of the famous North Laines within easy walking distance of Brighton Station and the multiple shopping centre of London Road. The concern has the benefit of a 2 Bedroom Maisonette above and sells an excellent range of traditional & vegetarian sandwiches, baguettes, rolls and delicatessen products. The business at the present time encourages some outside catering but there is enormous scope for deliveries to the vast working community, offices, etc.

 
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Financial details

 
Asking price: £80,000
Sales revenue: £100,000
Net profit: < £100k
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 
 

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