Summary
- Asking price:
-
£85,000
(Furniture / Fixtures and Inventory / Stock included)
- Turnover:
- < £200k
- Net profit:
- £45,000
- Years established:
- 2 years
- Employees:
- The business is at present operated by the owner with three employees
Business description
Occupies an absolutely prime, excel passing trade, plenty of offices and close to a university, only 5 minutes walk from Oxford Street, London W1. Taking £3100-£3400p/w. Rare opportunity
Property information
- Property:
- Leasehold
- Lease terms:
- 15 years full repairing and insuring lease from March, 2007 at a rental of £23,000p.a. up to March 2012, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £7816.25 p.a.
Price:£85,000
To include the secure lease, Goodwill, Fixtures & Fittings (no further hidden maintenance cost of the cafe because the seller has already done it for you)
- Leasehold rent:
- £23,000 per annum
- Location:
- Ref: 621890
Private Sale:
Location:
Occupies an absolutely prime, excel passing trade, plenty of offices and close to a university, only 5-minute walk from Oxford Street, London W1
The cafe offers all day breakfast, sandwiches, panini, pasta, omelettes, and daily special such as oriental and western dishes. In addition, sandwich platters for office functions.
Features: Front area with space for tables and chairs for 8 people
2 Air conditioning units, CCTV system with 2 cameras and recording unit
Single fronted cafe has recently refurbished. Tiled floor, 13 solid marble topped tables, 24 chairs. Double sandwich display serve over counter, bain-marie for lunch special, mini freezer, mini ice maker, gravity feed slice, panini toaster, two toasters, two microwaves, rice cooker, Gaggia 2 groups coffee machine, upfront freezer, large multi-deck soft drinks fridge with new fitted compressor.
Level kitchen with industrial non-slip floor, 6-burner gas cooker, brand new Buffalo double fryer with tap (8Ltr), double bain-marie, brand new Polar 3-door counter fridge with compressor underneath, upright single door deep freeze, upfront freezer, brand new mini vegetable fridge, commercial rice cooker, triple sinks drainer with stainless steel taps, brand new boiler.
Store room and staff cloakroom with w.c on the first floor.
Other information
- Expansion potential:
- Great scope to increase takings by opening Saturday and offering local deliveries
- Support & training:
- Full Training included.
PERSONALLY INSPECTED ARE HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
- Reasons for selling:
- Moving Abroad
- Trading hours:
- Monday - Friday 6:00a.m - 4:00p.m
- Related documents:
-
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.