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Asking Price
£179,500
Description
Freehold old established Coffee Shop & Restaurant (catering for breakfasts, morning coffees, snacks and lunches)
Outstanding opportunity to acquire a freehold Coffee Shop & Restaurant which has been in the same hands for the past 25 years and is now solely offered for sale due to the vendors retirement. The business is situated on the Norfolk/Suffolk borders, close to the seafront. Lowestoft being approx. 10 miles from Gt. Yarmouth, Norfolk and 10 miles from Southwold, Suffolk. Spacious Single Fronted Restaurant, fully carpeted, artificial beams to walls. Tables and chairs providing seating for 46 persons. Counter, Lincat hot water boiler, electronic cash register. Upright larder fridge, 1 small upright deep freeze plus 1 chest deep freeze, upright glass fronted drinks fridge. Small level kitchen with 1 convection oven, 5 microwave ovens, 4-burner gas cooker with oven, double deep fryer, 1 larder fridge, 1 chest deep freeze, double sink and drainer, grill, small additional deep fryer etc. Customer's cloakroom with w.c. and wash hand basin Stairs to basement providing private cloakroom with w.c. and wash hand basin plus storage area.
Turnover:We Are Informed the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase. We are further advised that the sales year ending 27th March, 2006 showed £47,715 (including own consumption of £525.00) with a gross profit of £33,105.
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