Cafe For Sale

Business description

SPACIOUS DOUBLE FRONTED CAFÉ/RESTAURANT with double door, ceramic tiled floor, high ceiling with 2 ceiling fans, cool display serveover counter (used for sandwich fillings etc), additional cool display counter (used for juices and soft drinks), 6-slice toaster, electronic cash register. Tables and chairs providing seating for 46 persons. Upright glass fronted drinks display fridge (on loan from Coca Cola), 2 group coffee machine etc.

Rear kitchen with tiled floor, double sink and drainer, dish washer, griddle, stainless steel extractor, 6-burner gas cooker, double deep fryer, microwave oven, upright stainless steel fridge, upright deep freeze etc.

Stairs to basement

Stockroom with 2 chest deep freezes, 1 fridge, stainless steel table, upright stainless steel fridge, upright deep freeze etc.

Ladies' and gentlemen's cloakrooms

Property information

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having 16 years unexpired from October, 2005 at a rental of £31,000 p.a. exclusive of rates up to October, 2009, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £7,000 p.a. approx. + water rates (metered)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Occupying a corner position, end of parade, excellent main road trading position, LONDON

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £180,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant

Trading hours:

Monday - Saturday inclusive - 6.30 a.m. - 7 p.m.
Sunday opening - 8.30 a.m. - 6 p.m.

Financing available:

Substantial Loan To An Approved Applicant.