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Cafe & Sandwich Bars, Redbourn, Hertfordshire

£98,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SECTOR

Cafe for sale

Key features

  • Prime Trading Position with Easy Roadside Parking
  • Impressive Gross Profit Margins of Circa 75%
  • Run in Very Easy Hours Over Six Days
  • Adjusted Net Profits Approaching £50,000
  • Our client will cover first six months’ rent for the new purchaser

Property description

Tenure: Leasehold

TEA ROOMS in Hertfordshire for Sale.

Recently renovated classic tea rooms run from these super premises which ooze character having been built in the 11th century. The premises are held on lease and occupy a PRIME TRADING POSITION on a busy high street with easy roadside parking along with private parking at the back of the tearoom for up to seven cars. Our client will cover first six months’ rent for the new purchaser. Much sought after village offering very easy access to the M1 motorway. This very successful business is run in VERY EASY HOURS over a six day week as a high class tea rooms and achieving a VERY IMPRESSIVE WEEKLY TURNOVER OF £3,600 whilst maintaining equally impressive gross profit margins of circa 75%. The business also offers a well patronised outside catering and ‘Afternoon Teas to Go’ service which have proved to be very lucrative. This is a business which is a pleasure to run and particularly profitable, showing adjusted net profits approaching £50,000 on accounts for the financial year ended 31/10/2019. VIEWING HERE IS A MUST. Premises offer 70 covers and briefly comprise double fronted, air conditioned tea rooms with service counter and attractive customer seating. Commercial kitchen to the rear offering an array of quality catering equipment and extraction system. First floor, ladies and gents WC’s, two private rooms regularly used for private events.
EPC Band E. Stock £10,000.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

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That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything

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Disclaimer - Property reference 585276. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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