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Cafe In Twickenham With A Studio Flat For Sale

Twickenham, London, UK
Asking Price:
£99,000
Turnover:
£208,000
Net Profit:
Not applicable

Cafe for Sale in Twickenham with a Studio Flat

Property ID: RPS-22995

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN DETAILS

Located on a busy road in Twickenham
1.2 miles from Twickenham Rugby Stadium
Licensed cafe with 40 covers and outdoor seating
Gas, extraction, three phase & cold room
Benefits from a Studio Flat (staff restroom)

LANDLORD’S REQUIREMENTS

Guarantor required (subject to references)
3-6 month’s rent deposit required (subject to references)
Other usual checks will be carried out

LEASE DETAILS

Lease: Ending Jan 2040 (Inside LTA 1954 Act)
Current Rent: £25,824 per annum exclusive
Rent review term: Every 5 years (Currently in progress)
Premium: £99,000 (Business, Lease & fixtures and fittings)

THE PREMISES

Internal area: circa 764 sq. ft
Covers: Circa 40 with some outdoor seating
Benefits from gas, extraction & three phase electricity
Cold room and ample storage 

Payable Rates: Circa £5,000/annum (may qualify for relief)

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £208,000 per Annum (£4,000/week).

THE LOCATION

Heath Road, Twickenham
1.2 miles from Twickenham Rugby Stadium

VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers may be required to sign a Non-Disclosure Agreement.

DISCLAIMER

The above information is provided by the seller and is not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

Lease: Ending Jan 2040 (Inside LTA 1954 Act)
Current Rent: £25,824 per annum exclusive
Rent review term: Every 5 years (Currently in progress)

Leasehold Rent:

£25,824 per annum

Location:

Twickenham
1.2 miles from Twickenham Rugby Stadium

Premises Details:

Internal area: circa 764 sq. ft
Covers: Circa 40 with some outdoor seating
Benefits from gas, extraction & three phase electricity
Cold room and ample storage 
Payable Rates: Circa £5,000/annum (may qualify for relief)

Size in square feet:
764 sq. ft