CPS are delight to welcome this outstanding opportunity for the right person to purchase an established reputable and profitable business and substantial commercial premises this opportunity presents itself due to the eventual retirement of the business owner. There is the opportunity to purchase the business as a going concern (£150,000) or buy the premises (£300,000) and business seperately. Raffles is a well established business located in a busy desirable location in Armagh on Lower English Street. The premises offers a deli style counter for customers and a large preparation area to the rear with storage. This thriving "Business as a Going Concern" is ideal for those already in the industry or those willing for a new venture as this business operates smoothly and benefits from constant steady trade, this is backed up by audited profitable accounts. Due to its Armagh City centre location this business offers a strong footfall year round as well as an outside successful catering business.
The premises also contains two one bedroom apartments directly above the commercial with separate access which both achieve a strong rental yield for investors. To the rear of the premises there is a large store and yard with direct access to the car park and pedestrian access, this area could be developed to expand the existing business further or an additional business opportunity subject to planning.
Raffles - 15 Lower English Street
Main shop area - 4.09m x 8.04m
This large shop area is currently until used as a deli counter style shop front catering for sandwich bar. Tiled flooring in this area with wood panelling and decorative design.
Rear preparation area - 6.78m x 4.26m
This preparation area is ideal for the needs of the sandwich bar with tiled flooring and counter top space and storgae space.
Rear storage area / fridge
This small area is currently for storing food ingredients along with a built in industrial fridge freezer.
W/c - 1.81m x 1.22m
This small w/c area is a 2 piece suite to comprise of w/c & wash hand basin. Lino flooring throughout.
Rear of commercial
The rear of the commercial offers a yard with an additional garage for storage with access onto the bus depot car park.
Garage to rear - 5.41m x 5.23m
This garage is full wired and plumbed with ample room for delivery storage.
1st floor flat
Kitchen - 4.06m x 6.18m
Livingroom - 4.08m x 3.21m
Bathroom - 2.60m x 2.12m
Bedroom - 3.23mm x 2.55m
2nd floor flat
Kitchen - 4.06m x 6.18m
Livingroom - 4.08m x 3.21m
Bathroom - 2.60m x 2.12m
Bedroom - 6.26m x 4.86m
