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267 High Road, EN10 2RX
£50,000
Exceptional Caf Business For Sale Prime Location | Turnkey Operation | Enquire with Milestone Estate Agents
Thriving Caf | Established Business | Leasehold
Milestone Estate Agents are delighted to offer this fantastic opportunity to acquire a well-established and much-loved caf, ideally located in a high footfall area with excellent visibility and consistent passing trade.
This thriving caf has built a strong local reputation, attracting a loyal customer base and enjoying excellent reviews. Fully fitted and tastefully presented throughout, the premises are ready for immediate takeover a turnkey operation offering instant income with huge potential for further growth.
Key Features:
Long-established and profitable caf business
High footfall location with strong local presence
Fully equipped commercial kitchen and attractive customer seating area
Stylish interior with modern fixtures and fittings
Loyal customer base and strong online reputation
Current trading hours with scope to extend or diversify
Favourable lease terms available
Whether youre an experienced operator looking to expand your portfolio, or an enthusiastic newcomer seeking your first hospitality venture, this is a rare chance to acquire a flourishing business in a vibrant and in-demand location.
Viewings strictly by appointment only.
Serious enquiries welcome contact Milestone Estate Agents today to register your interest and receive the full business particulars.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
267 High Road, EN10 2RX
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