EXCELLENT CAFE, READING, BERKSHIRE Reference No: P7595J

Price: £ 35,000
Description

LOCATION: Situated in a prime position in reading town centre just yards away from Reading Station, taxi rank, bus terminus, Cafe Nero, WH Smith, Nationwide Building Society, Pitcher & Piano, Mark & Spencer and all other major multiples.

DESCRIPTION:  The outstanding single fronted 600 sq ft shop has a seating area with 30 covers, a serve over counter, a preparation and serving area. To the rear  is the kitchen and wash up section with a door to the basement which is used for storage. The shared ladies and gents wc in the arcade is for the staff only. Outside the café in the arcade, there is an option to put tables and chairs to the side. 

 

BUSINESS: Established a year ago, the business is run by owner with 1 full time and 1 part time staff taking £1,700 pw at 65%/70% gp serving high quality home made food. Nominated for the 2017 retailers award.

EQUIPMENT:  Fully equipped for the trade with a 10 foot new serve over fridge counter, a bake and bite hot display unit, 2 Buffalo double Panini makers, a Buffalo 6 pot Baine Marie, a bake off bar oven, a Lincat electric 2 ring hob, an Anden Cappuccino machine and grinder, a hot water urn, an upright glass front fridge, 2 domestic microwaves, a domestic fryer, furniture, etc.

HOURS: Open 6 days 7 am to 4.30 pm. Closed on Sundays.

TENURE: Lease contracted out of Landlord and Tenant Act to August 2024 with 3 yearly reviews at a current rent of to £20,000 pa plus VAT.

RATES:  £9,000 pa.

VIEWINGS:  By appointment only. Please do not approach business.

NEGOTIATIONS:  Strictly through PEGASUS BUSINESS SALES on 020 7935 3939

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