Restaurant/cafe for sale in 170-172, 174A South Street, Perth PH2

Key Points

Description

The subjects comprise the ground and basement floor within a four storey building of stone construction with residential properties on the upper floors.

The property is accessed via a single flush pedestrian door which leads into the sales area. Internally, the shop is laid out with an L-shaped serving area to the front which inter-connects to the kitchen to the rear. There is seating with tables for around 24 customers surrounding the serving counters. A 24 pan ice cream counter dominates the serving area along with a range of fridges, freezers and a cake stand to display stock. An epos till system is installed along with a CCTV security system.

The commercial kitchen to the rear is, as expected, fitted out to a professional standard with extract ventilation and a range of stainless steel sink units, utility basins and fitments. Floor and wall mounted style units are installed with appropriate worktops. There is a small office and accessible WC at the back of the shop. There is no gas supply to the property and heating is provided electrically.

Location

The property is located in Perth and situated on the south side of South Street, close to its junction with Scott Street, within the Town Centre. The property enjoys excellent public transport connections, with regular and bus services passing along South Street, whilst Perth Rail Station takes less than 3 minutes to reach by car. Nearby occupiers include The Bunker Lounge & Bar, O2 Shop and Tesco Bank.

The Business

Crunch Munch is an established dessert and ice cream business which also sells confectionery, snacks, soft drinks and enjoys regular all year round trade from customers, such is the trading position. The business has been established over 8 years and is currently generating c. £5,500 per week in sales. Currently, there are 2 full time staff members employed and 3 part time. The business trades from Monday to Friday 3pm to 11pm and from 12pm to 11pm on Saturday and Sunday.

The current operators have decided to sell the business due to a change in circumstance, thus creating an exciting self-employment opportunity. The operation prides itself on the personal touch and this would be vital for any new owner to have the same ethos and outlook. The bespoke service the current operators provide is reflective of the success of the business and in turn, the return custom.

We have been advised that all fixtures and fittings are owned outright and included within the goodwill purchase price. Proof of sales will be made available to seriously interested parties post viewing stage.

Tenure

A new lease will be available on a full repairing and insuring basis, for a term to be agreed, at a rent of £18,000 per annum. Full quoting terms are available upon request.

Premium

Offers in the region of £65,000 are sought for the goodwill, fixtures and fittings. Stock will be in addition and at valuation.

What3Words

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