Well Fitted Café Restaurant With A3 Use For Sale

Business description

Front area with space for tables and chairs for 8 persons

SINGLE FRONTED CAFÉ/RESTAURANT with quality tiled floor. Well fitted including 2 air conditioning units. 13 marble topped tables, 24 chairs. Large cool display serveover counter with rear refrigerated storage section, Gaggia 2 group coffee machine (owned), coffee grinder (on loan), multi-deck soft drinks fridge, commercial panini toaster, 2 toasters, microwave oven, sink, gravity feed slicer, bain marie, stainless steel open cool display unit for soft drinks and water. CCTV system with 2 carmeras and recording unit.

Level compact kitchen with industrial non-slip floor. Double bain marie, 6-burner gas cooker, new double deep fryer, new 3-door stainless steel counter fridge, additional fridge, small deep freeze, 1 upright deep freeze, triple sink drainer, wash hand basin, new electric boiler etc.

Access to first floor storeroom
Staff cloakroom with w.c.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a new 15 years full repairing and insuring lease from March, 2007 at a rental of £23,000 p.a. exclusive of rates up to March, 2012, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £7,800 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Location:

Situated in a parade, commercial/office area and close to a University, LONDON W

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,200 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 £85,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 6 a.m. - 4 p.m.
Saturday & Sunday opening - 9 a.m. - 2 p.m. (optional)

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.